This bill mandates that in-state electricity generators, upon receiving notice of regulatory action that could make their operation economically unfeasible or lead to involuntary retirement or decommissioning, must notify the commissioner of the department of energy within 30 days. Following such notification, the department of energy is required to open an investigatory docket to assess the impact of the potential retirement or decommissioning on the state's energy reliability and affordability. The department is also tasked with recommending actions to defend the generator, which may include appealing to the attorney general to initiate legal action or participate in administrative proceedings. Additionally, the department of energy and the department of justice are authorized to request funding from the legislative fiscal committee to support actions taken under this section.

The bill also includes a provision that any act or omission by a state agency that is inconsistent with this new section cannot be used as the basis for civil lawsuits, including those seeking equitable relief or claiming damages. The act is set to take effect 60 days after its passage, with an approved date of August 02, 2024, and an effective date of October 01, 2024. There are no specific insertions or deletions from current law indicated in the provided text.