Transmission lines; relocation and undergrounding.

Transmission lines; relocation and undergrounding. Requires that any transmission line of 230 kilovolts or less thatis proposed to connect to a proposed new substation that has receivedlocal final development plan approval be placed underground if (i)such line would extend from an existing substation that will be poweredby a transmission line of 230 kilovolts or less, (ii) such line receiveda certificate of public convenience and necessity from the Commissionto be placed underground prior to December 31, 2018; (iii) the portionof such line between the existing substation and the proposed newsubstation is not more than 4,500 linear feet; and (iv) the totalcost of undergrounding the proposed relocated transmission line doesnot exceed $40 million. The bill requires that existing overheadtransmission lines that meet such criteria be replaced and relocated with a new underground transmission line and that the location ofthe new underground transmission line be consistent with the comprehensiveplan and the economic development priorities of the governing bodyof the locality in which the new underground transmission line isto be placed. The bill has an expiration date of December 31, 2021.