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| 2 | 2 | | |
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| 3 | 3 | | LCO No. 3307 1 of 2 |
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| 4 | 4 | | |
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| 5 | 5 | | General Assembly Proposed Bill No. 6292 |
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| 6 | 6 | | January Session, 2025 |
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| 7 | 7 | | LCO No. 3307 |
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| 8 | 8 | | |
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| 9 | 9 | | |
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| 10 | 10 | | Referred to Committee on ENERGY AND TECHNOLOGY |
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| 11 | 11 | | |
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| 12 | 12 | | |
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| 13 | 13 | | Introduced by: |
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| 14 | 14 | | REP. BUMGARDNER, 41st Dist. |
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| 15 | 15 | | |
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| 16 | 16 | | |
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| 17 | 17 | | |
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| 18 | 18 | | AN ACT ALLOWING FOR THE CREATION OF MUNICIPAL ELECTRIC |
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| 19 | 19 | | COMPANIES BY REFERENDA AND ESTABLISHING THE |
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| 20 | 20 | | CONNECTICUT PUBLIC TRANSMISSION AUTHORITY AND THE |
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| 21 | 21 | | CONNECTICUT PUBLIC POWER CORPORATION. |
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| 22 | 22 | | Be it enacted by the Senate and House of Representatives in General |
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| 23 | 23 | | Assembly convened: |
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| 24 | 24 | | |
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| 25 | 25 | | That the general statutes be amended to (1) allow any political 1 |
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| 26 | 26 | | subdivision of the state, including a municipality or regional council of 2 |
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| 27 | 27 | | governments, to hold a referendum to establish or join a municipal 3 |
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| 28 | 28 | | electric company, (2) establish a quasi-public entity known as the 4 |
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| 29 | 29 | | "Connecticut Public Transmission Authority" to acquire existing electric 5 |
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| 30 | 30 | | transmission assets from private entities at fair market value and to 6 |
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| 31 | 31 | | own, operate and maintain such assets in the state, and (3) establish a 7 |
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| 32 | 32 | | nonprofit entity known as the "Connecticut Public Power Corporation" 8 |
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| 33 | 33 | | to generate class I renewable energy sources in the state. 9 |
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| 34 | 34 | | Statement of Purpose: |
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| 35 | 35 | | To (1) allow any political subdivision of the state, including a |
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| 36 | 36 | | municipality or regional council of governments, to hold a referendum |
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| 37 | 37 | | to establish or join a municipal electric company, (2) establish a quasi- |
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| 38 | 38 | | public entity known as the "Connecticut Public Transmission Authority" Proposed Bill No. 6292 |
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| 39 | 39 | | |
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| 40 | 40 | | |
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| 41 | 41 | | LCO No. 3307 2 of 2 |
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| 42 | 42 | | |
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| 43 | 43 | | to acquire existing electric transmission assets from private entities at |
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| 44 | 44 | | fair market value and to own, operate and maintain such assets in the |
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| 45 | 45 | | state, and (3) establish a nonprofit entity known as the "Connecticut |
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| 46 | 46 | | Public Power Corporation" to generate class I renewable energy sources |
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| 47 | 47 | | in the state. |
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