An Act ENROLLED HOUSE BILL NO. 3053 By: Boles, Williams, and Provenzano of the House and Rader of the Senate An Act relating to energy; requiring Corporation Commission to coordinate with the Southwest Power Pool to develop and provide a reporting of certain frameworks; requiring preparation of certain report; establishing report contents; requiring completion of report by certain date; providing for distribution of report; providing for codification; and declaring an emergency. SUBJECT: Energy BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 294 of Title 17, unless there is created a duplication in numbering, reads as follows: A. The Corporation Commission shall coord inate with the regional transmission organization known as the Southwest Power Pool (SPP) to develop and provide a reporting of the regulatory and statutory frameworks addressing the rule of the SPP as it pertains to this state. The report shall provide a comprehensive assessment of the impact of the SPP on the state ’s electricity infrastructure and areas in which the state may desire further evaluation. B. The report shall utilize the most recent twelve (12) mo nths of available data and shall include an d consider the following: ENR. H. B. NO. 3053 Page 2 1. An explanation of how decisions are made at the SPP, including the Regional State Committee (RSC), and the impact of such decisions on Oklahoma ratepayers; 2. The potential impact of decisions resulting from the SPP process, including the RSC, on the state budget; 3. The current use of intermittent power sources to meet baseload capacity requirements and explanation o f the SPP’s decision-making processes regarding the use of these intermittent sources; 4. The studies and processes used by the SPP to assess and respond to demands, including transmission studies conducted; 5. Identification of SPP decisions and processes that may impact Oklahoma’s oil and natural gas industries; 6. Identification of areas in which Okla homa stakeholders may benefit from additional information being shared on events occurring at the SPP; 7. The amount of power produced within Oklahoma that was transmitted outside of the state through the SPP for the calendar year ending December 31, 202 3, the market value of s uch power, and any benefit of this transmission to Oklahoma ratepayers; 8. The cost, if any, that is built into the most recent rate cases with final orders previously before the Corporati on Commission for the construction and mai ntenance of generation and transmission infrastructure which is used in whole or in part for the generation and transmission of power for sale outside of Oklahoma; and 9. An explanation of the level of input the Corporation Commission has on the processe s and decisions of the SPP. C. 1. The Commission shall ensure the completion of the report no later than December 31, 2024. 2. A copy of the finalized report shall be submitted electronically to the following : a. the Governor, b. the Speaker of the Oklahoma House of Representative s, ENR. H. B. NO. 3053 Page 3 c. the President Pro Tempore of the Oklahoma State Senate, d. the Chair of the Utilities Committee of the House of Representatives or successor committee, e. the Chair of the Energy and Telecommunications Committee of the Senate or s uccessor committee, and f. the Chair of the Energy and Natural Resources Committee of the House of Representatives or successor committee. SECTION 2. It being immediately necessary for the preservation of the public peace, health or safe ty, an emergency is hereby declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval. ENR. H. B. NO. 3053 Page 4 Passed the House of Representatives the 6th day of May, 2024. Presiding Officer of the House of Representatives Passed the Senate the 23rd day of April, 2024. Presiding Officer of the Senate OFFICE OF THE GOVERNOR Received by the Office of the Governor this ____________________ day of ___________________, 20_______, at _______ o'clock _______ M. By: _________________________________ Approved by the Governor of the State of Oklahoma this _____ ____ day of ___________________, 20_______, at _______ o'clock _______ M. _________________________________ Governor of the State of Oklahoma OFFICE OF THE SECRETARY OF STATE Received by the Office of the Secretary of State this __________ day of ___________________, 20_______, at _______ o'clock _______ M. By: _________________________________