EXPLANATION: CAPITALS INDICATE MAT TER ADDED TO EXISTING LA W. [Brackets] indicate matter deleted from existing law. Underlining indicates amendments to bill. Strike out indicates matter stricken from the bill by amendment or deleted from the law by amendment. *hb0121* HOUSE BILL 121 C5 5lr0799 HB 505/24 – ECM (PRE–FILED) CF SB 37 By: Delegate Charkoudian Requested: September 11, 2024 Introduced and read first time: January 8, 2025 Assigned to: Economic Matters Committee Report: Favorable with amendments House action: Adopted Read second time: March 4, 2025 CHAPTER ______ AN ACT concerning 1 Electric Companies – Regional Transmission Organizations – Report 2 (Utility Transparency and Accountability Act) 3 FOR the purpose of requiring a certain electric company to submit an annual report to the 4 Public Service Commission regarding each recorded vote cast by the electric company 5 and any State affiliate of the electric company at a meeting of a regional transmission 6 organization; and generally relating to electric companies and regional transmission 7 organizations. 8 BY adding to 9 Article – Public Utilities 10 Section 7–108 11 Annotated Code of Maryland 12 (2020 Replacement Volume and 2024 Supplement) 13 SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF MARYLAND, 14 That the Laws of Maryland read as follows: 15 Article – Public Utilities 16 7–108. 17 (A) (1) IN THIS SECTION THE F OLLOWING WORDS HAVE THE MEANINGS 18 INDICATED. 19 2 HOUSE BILL 121 (2) “AFFILIATE” HAS THE MEANING STAT ED IN § 7–501 OF THIS 1 TITLE. 2 (3) “MEETING” MEANS ANY COMMITTEE , USER GROUP, TASK FORCE, 3 OR OTHER PART OF THE REGIONAL TRANSMISSIO N ORGANIZATION IN WH ICH VOTES 4 ARE TAKEN. 5 (4) “RECORDED VOTE ” MEANS A VOTE THAT IS TABULATED, EITHER 6 INDIVIDUALLY OR AS P ART OF A SECTOR , FOR ANY PURPOSE AT A MEETING, 7 REGARDLESS OF : 8 (I) WHETHER THE VOTE REP RESENTS A FINAL POSI TION OF 9 ANY PERSON CASTING T HE VOTE; OR 10 (II) THE DECISION–MAKING AUTHORITY OF THOSE VOTING . 11 (5) “REGIONAL TR ANSMISSION ORGANIZAT ION” MEANS AN ENTITY 12 THAT QUALIFIES AS A REGIONAL TRANSMISSIO N ORGANIZATION UNDER 18 C.F.R. § 13 35.34. 14 (B) THIS SECTION DOES NOT APPLY TO A MUNICIPAL ELECTRIC UTILITY . 15 (C) (1) ON OR BEFORE FEBRUARY 1 EACH YEAR , EACH ELECTRIC 16 COMPANY S HALL SUBMIT TO THE COMMISSION A REPORT O N EACH RECORDED VOTE 17 CAST BY THE ELECTRIC COMPANY OR , SUBJECT TO PARAGRAPH (2) OF THIS 18 SUBSECTION, AN A STATE AFFILIATE OF THE ELE CTRIC COMPANY AT A M EETING OF 19 A REGIONAL TRANSMISS ION ORGANIZATION DUR ING THE IMMEDIAT ELY PRECEDING 20 CALENDAR YEAR . 21 (2) THE REPORT SHALL INCL UDE: 22 (I) ALL RECORDED VOTES C AST BY THE ELECTRIC COMPANY, 23 REGARDLESS OF WHETHE R THE VOTE IS OTHERW ISE DISCLOSED; AND 24 (II) ALL VOTES CAST BY AN A STATE AFFILIATE OF THE 25 ELECTRIC COMPANY IF THE ELECTRIC COMPANY ITS ELF DOES NOT VOTE ON THE 26 MATTER. 27 SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect 28 October 1, 2025. 29