A CONCURRENT RESOLUTION urging the creation of an interstate compact for a competitive electric transmission market using competitive bidding.

This bill is a concurrent resolution that urges Kentucky to help create an interstate agreement for a competitive electric transmission market. It directly affects electric utilities, ratepayers, and state regulators by calling for a regional approach to power grid development. The resolution proposes using competitive bidding for transmission projects, establishing uniform rules for permitting across states, and ensuring costs are fairly shared among all beneficiaries. It aims to modernize the power grid, reduce transmission costs, and prevent bottlenecks while opening the bidding process to interstate projects. The bill directs the Clerk to send the resolution to the Governor and the Public Service Commission for further consideration.