The bill amends the existing law governing public and private utilities in Michigan, specifically focusing on the security of critical infrastructure for electric and natural gas utilities. It introduces a new section, Sec. 10ii, which mandates that these utilities demonstrate the implementation of security measures to protect against cyber and physical threats. Additionally, utilities can apply to recover costs associated with enhancing security measures through a "security recovery factor," which must be approved by the commission. The bill outlines the process for application, including the requirement for public notice and a timeline for hearings and decisions.

Furthermore, the bill stipulates that any sensitive information related to security measures submitted by utilities will be exempt from public disclosure under the Freedom of Information Act, ensuring confidentiality. The commission is tasked with defining what constitutes "critical infrastructure" and "security costs," as well as establishing the necessary procedures for utilities to follow when applying for cost recovery. This legislative change aims to bolster the security of essential utility services while providing a structured approach for utilities to manage and recover their security-related expenses.

Statutes affected:
House Introduced Bill: 460.1, 460.11