A bill for an act relating to electric transmission lines approved by federally registered planning authority transmission plans including right of first refusal and land restoration requirements, and including effective date and applicability provisions.

This bill gives existing electric transmission owners in Iowa the priority right to build new high-voltage transmission lines (100+ kV) that connect to their existing infrastructure, as approved in federally registered planning documents. It requires these "incumbent owners" to offer public power utilities (like municipal utilities and cooperatives) joint ownership of portions of new lines based on their electricity usage share ("load ratio share"), with written agreements required. If an incumbent owner declines to build, the state commission may allow others to proceed. The bill directly affects transmission owners, public power utilities, and the process for developing new transmission infrastructure in Iowa.