The bill is a joint resolution from the Montana Legislature requesting an interim study on the development of an interstate power grid. It emphasizes the need for modernization and expansion of electric transmission infrastructure to ensure a reliable and cost-effective energy supply for Montana and neighboring states. The resolution highlights the challenges posed by restrictive policies in certain jurisdictions that hinder necessary transmission projects, leading to increased costs for ratepayers. It proposes the establishment of an interstate compact to facilitate cooperation among states, enhance market-driven solutions, and promote efficient energy transmission practices.

The resolution outlines specific tasks for the Legislative Council, including evaluating the legal framework for Montana's participation in interstate agreements, assessing economic benefits for ratepayers, and exploring best practices from other states. It also calls for stakeholder engagement and aims to streamline the permitting process for transmission projects. The study's findings and recommendations are to be presented to an appropriate committee and reported to the 70th Legislature by September 15, 2026.