An Act To Require Petitions For Interstate Transmission Lines To Include Provisions For Conservation Funding

LD 694 requires developers seeking approval for high-impact interstate electric transmission lines in Maine to include specific conservation funding in their petitions. The bill mandates an annual payment of $10,000 per megawatt of the line's capacity to Maine's Land for Maine's Future Trust Fund, with at least 20% directed to the Conservation Land Management Fund. This applies directly to transmission line developers submitting petitions to the Public Utilities Commission for project approval. The law aims to tie infrastructure development to ongoing conservation funding, without altering the commission's approval process for the lines themselves.