House Bill No. 7265 establishes a working group tasked with examining the implementation of a uniform energy storage capacity tax in the state. The working group will include key members from the General Assembly's finance, revenue, and bonding committees, as well as representatives from the Departments of Energy and Environmental Protection and Revenue Services, the Connecticut Green Bank, and other relevant stakeholders. The cochairpersons of the working group will be the chairpersons of the finance, revenue, and bonding committees. The group is required to hold its first meeting within sixty days of the bill's passage and must submit a report with findings and recommendations to the General Assembly by January 1, 2026.

The bill includes new legal language that specifies the composition and responsibilities of the working group, including the insertion of "matters relating to" and "revenue and bonding shall serve as" in the context of the cochairpersons' roles. There are no deletions from current law, and the bill is designed to have no fiscal impact on the state or municipalities, as the existing staff and expertise within the designated agencies are deemed sufficient to carry out the study.