The bill amends the existing law governing public and private utilities in Michigan, specifically addressing the regulation of electric utilities and their contracts with qualified data centers. It introduces a new section, Sec. 10ii, which prohibits the public service commission from approving any contracts, tariffs, discounts, or rates between electric utilities and qualified data centers until April 1, 2027. This provision aims to regulate the financial arrangements between these entities during this specified period.

Additionally, the bill defines a "data center" as a facility in Michigan that consists of one or more buildings designed for housing data center equipment, which centralizes the storage and processing of data. This amendment reflects a growing concern over the energy consumption and costs associated with data centers, ensuring that any agreements made during this timeframe are subject to scrutiny and regulation by the commission.

Statutes affected:
House Introduced Bill: 460.1, 460.11