The proposed bill, General Assembly Proposed Bill No. 5028, aims to amend current statutes by removing the "Combined Public Benefits Charge" from electric bills for end-use customers of electric distribution companies. This change will eliminate the charges that customers currently see on their bills, thereby reducing their overall electricity costs.

In addition to removing these charges, the bill stipulates that the costs associated with the Combined Public Benefits Charge will instead be funded through the General Fund. This shift in funding is intended to alleviate the financial burden on consumers while still ensuring that the necessary public benefits are maintained through alternative funding sources.