In the House - Hearing 3/10 at 1:00 p.m.
Summary
The measure gives Maryland investor‑owned electric companies and electricity suppliers the right to construct, acquire, lease, and operate their own natural‑gas generating facilities and certain transmission assets. It also sets up a cost‑recovery system through rates or a non‑bypassable surcharge, with credit‑rating reviews for projects over 2 MW. The bill is intended to expand generation capacity and streamline interconnection while protecting utility creditworthiness.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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