The bill amends the Generating Arkansas Jobs Act of 2025 by modifying specific provisions related to the review process of annual update filings by the Arkansas Public Service Commission. Notably, the time allowed for the commission to complete its review and issue an order has been extended from sixty (60) days to ninety (90) days. Additionally, the language regarding the commission's determination of whether an application complies with public interest has been revised to focus on compliance with the provisions of the section rather than the public interest standard.
Furthermore, the bill includes an emergency clause, stating that the amendments are necessary to correct an engrossing error found during the review of the original act. This emergency declaration allows the act to take effect immediately upon approval by the Governor or under specific conditions if the Governor does not act on the bill. The changes aim to facilitate significant investments in electric and natural gas public utility infrastructure, thereby supporting economic development and ensuring reliable service for customers.
Statutes affected: Old version SB610 V2 - 4-7-2025 03:50 PM: 23-4-1304(e), 23-4-1306(e)
Old version SB610 Original - 4-2-2025 03:53 PM: 23-4-1306(e)
SB 610: 23-4-1306(e)
Act 745: 23-4-1304(e), 23-4-1306(e)