This bill mandates that electric public utilities in New Jersey submit an annual report to the Board of Public Utilities (BPU) detailing their recorded votes at meetings of PJM Interconnection, L.L.C. (PJM). The report, due by February 1 each year, must include a list of recorded votes cast by the utility and its affiliates, a brief description of the meeting's purpose and agenda, and an explanation of how each vote aligns with the state's goals for affordable, reliable, and sustainable electricity. The BPU is also required to compile and submit a summary report to the Governor and Legislature based on the information received from the utilities.

The bill defines key terms such as "meeting" and "recorded vote," clarifying that a recorded vote encompasses any vote that is tabulated at a PJM meeting, regardless of its finality or the decision-making authority of the voting entity. The intent of the bill is to enhance accountability and transparency regarding the voting practices of electric public utilities, particularly in relation to the use of ratepayer funds, by making these voting records publicly accessible.