Decommissioned Asset Disposition Amendments

HB 589 creates a governing board for project entities managing decommissioned assets, primarily affecting state-owned energy projects transitioning assets to the government. The board, composed of the energy director, two governor-appointed members, and one each from the Senate and House leaders, sets strategic plans, approves budgets, oversees operations, and facilitates asset transfers to the state. Key provisions include strict limits on board authority - prohibiting interference with active facilities or existing contracts - and requiring annual reports to the Public Utilities Committee. The board must be established by May 6, 2026, dissolving any prior boards created via contracts or agreements. This bill standardizes governance for decommissioned asset management without appropriating funds.