Bonds; authorize revenue bonds to be issued to pay for damage to electric utilities caused by the 2026 winter storm.

Summary

The bill creates a process for the Public Service Commission to issue a financing order that lets the state sell revenue bonds to cover repairs to electric‑utility systems damaged by the 2026 winter storm. Utilities must collect a separate system‑restoration charge on all customer bills to repay the bonds, and the bonds are non‑recourse to the utility’s assets. The measure is intended to spread the cost of storm recovery over time without burdening the state budget.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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