The proposed bill, General Assembly Proposed Bill No. 419, seeks to amend the general statutes to allocate federal funding received by the state under the American Rescue Plan Act of 2021 for specific purposes. The bill aims to use these funds to pay for systems benefits charges that have accrued by electric distribution companies as a result of hardship protection measures implemented during the COVID-19 pandemic.

This legislative action is intended to provide financial relief to electric distribution companies that have been impacted by the pandemic, ensuring that they can continue to support consumers who faced hardships. The bill does not include any deletions from current law but introduces new legal language to facilitate the allocation of these federal funds for the specified purpose.