reestablishing the commission to study the assessing of power generation.

This bill reestablishes a commission to study how power generation assets should be taxed. The law directs the commission to propose a method for assessing these assets based on their market value as commercial properties, aiming to create a single, consistent valuation point. This change directly impacts the state's approach to taxing energy infrastructure and seeks to align the assessment process with current market standards. The legislation was signed into law and will take effect on November 1, 2024.