This bill amends the 1923 PA 238, which governs the formation of corporations for generating and supplying electric energy or gas in Michigan. The key changes include granting independent and affiliated transmission companies the power to condemn property necessary for electric energy transmission, while ensuring that such actions do not disrupt existing private agreements or the operations of electric or gas utilities. Specifically, the bill clarifies that these companies cannot condemn property owned by utilities in a way that unreasonably disrupts their service to customers, and it establishes a process for the Michigan Public Service Commission to determine any disputes regarding such condemnations.

Additionally, the bill updates definitions related to independent and affiliated transmission companies, specifying the criteria for their classification and the requirements they must meet to operate in Michigan. It also introduces a timeline for the commission to make determinations on disputes, allowing for extensions if complexity warrants it. The enactment of this bill is contingent upon the passage of related legislation in the 103rd Legislature.

Statutes affected:
Senate Introduced Bill: 486.255