The proposed bill seeks to amend section 40-360 of the Arizona Revised Statutes by updating the definition of "Plant." Currently, the definition specifies that a "Plant" refers to each separate thermal electric, nuclear, or hydroelectric generating unit with a nameplate rating of one hundred megawatts or more, provided that certain financial commitments were not made before a specified date. The bill introduces an addition of "non-thermal" to the definition of "Plant," thereby expanding the scope to include non-thermal electric generating units as well. This change aims to modernize the statute to encompass a broader range of energy generation technologies, reflecting the evolving landscape of energy production. No other changes to the current law are proposed.

Statutes affected:
Introduced Version: 40-360