Substitute for Raised S.B. No. 1560
Session Year 2025
 


AN ACT CONCERNING CONNECTICUT'S ECONOMY, ELECTRICITY AFFORDABILITY AND BUSINESS COMPETITIVENESS AND ESTABLISHING THE CONNECTICUT ENERGY PROCUREMENT AUTHORITY AND THE GREEN BOND FUND.

To (1) establish the Connecticut Energy Procurement Authority; (2) establish the Electric Rate Stabilization Fund; (3) redefine "Class I renewable energy source" to include electricity generated from any nuclear power generating facility in the state; (4) require the Public Utilities Regulatory Authority to incorporate time-of-use components into electric rates; (5) establish the Energy Infrastructure Transition Fund; (6) allow for electric distribution companies to issue securities concerning certain storm remediation costs; and (7) authorize bonds of the state to fund the Green Bond Fund.

Introduced by:
Finance, Revenue and Bonding Committee

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Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 5/12/2025(LCO)File Number 902
 5/12/2025Senate Calendar Number 481
 5/12/2025Favorable Report, Tabled for the Calendar, Senate
 5/12/2025(LCO)Reported Out of Legislative Commissioners' Office
 5/5/2025(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 05/12/25 12:00 PM
 5/5/2025(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 05/12/25 12:00 PM
 4/24/2025(LCO)Filed with Legislative Commissioners' Office
 4/24/2025(FIN)Joint Favorable
 4/11/2025Public Hearing 04/16
 4/10/2025Referred to Joint Committee on Finance, Revenue and Bonding

Co-sponsors of SB-1560

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