Public utilities; electricity; alternatives; rates; deferrals reviews by Corporation Commission; assets; facilities; right of ways; emergency.

All original text from the Engrossed version was removed, including the original title page and formatting.

New committee substitute formatting was added with updated headers, page numbers, and committee amendment markers.

The entire bill text was replaced with a new version that appears to contain the same substantive provisions but with different line breaks and formatting.

Added specific timeframes for Commission review: 240 days for non-natural gas generation facilities and 180 days for natural gas facilities

Added provision that competitive bidding evidence within 12 months satisfies reasonable alternative considerations

Added authority for Commission staff to assess specific costs deemed recoverable for electric utilities

Reformatted bill header and page numbering from introduced to engrossed version

Removed page footers and formatting artifacts from the introduced version

Added eligibility for cost recovery of reasonable expenses incurred to comply with federal and state environmental requirements including Clean Air Act, Clean Water Act, and other environmental laws.

Introduced new requirement for utilities to file applications seeking Commission authorization for capital expenditure plans for environmental compliance equipment or facilities.

Established that costs for new electric generating facilities, purchased existing facilities, or long-term power contracts may be considered 'used and useful' for cost recovery purposes when Commission determines there is a need.

Changed Commission review timeline for certain applications from unspecified to within 240 days of filing.

Removed the Proposed Policy Committee Substitute header and formatting, replacing with House Committee Substitute format.

Added codification requirements and emergency declaration provisions that were not present in the original version.

Updated bill version number from POLPCS1 to POLPCS2 and revised page reference numbers from 12490 to 12690.

Reorganized line numbering and text structure throughout the document, shifting line numbers and reformatting certain sections.

Added specific deadlines for rule transmission to the Legislature, including April 1, 2006 and April 1, 2007 requirements.

The bill designation changed from 'Proposed Committee Substitute' to 'Proposed Policy Committee Substitute', indicating the bill moved to a different committee review stage.

Page numbers and line numbers were renumbered throughout the document, likely due to formatting adjustments during the committee review process.

The amendment submission date changed from March 4, 2025 to February 14, 2025, reflecting when the policy committee received the amendment.