GM 1262 - Informing the Legislature of Signed Bill SB1298 (ACT 162)
Overview
Bill Number: GM 1262
Title: Informing the Legislature that on June 3, 2025, the Governor signed the following bill into law: SB1298 SD2 HD2 CD1 (ACT 162).
Status: Received
Introduced: June 03, 2025
Classification: proclamation
Subject: Act 162
Purpose and Intent
The purpose of GM 1262 is to formally notify the state legislature that on June 3, 2025, the Governor signed SB1298 SD2 HD2 CD1 into law, now known as Act 162. This proclamation serves to officially inform the legislative body that the bill has been enacted.
Key Provisions
The key provisions of the underlying legislation, Act 162 (formerly SB1298 SD2 HD2 CD1), include:
- Establishing a new state-wide clean energy program to incentivize the adoption of renewable electricity generation
- Requiring all electric utility companies to generate at least 50% of their electricity from renewable sources by 2030, increasing to 100% by 2045
- Creating a rebate program to help residential and commercial customers offset the costs of installing solar panels, wind turbines, and other renewable energy systems
- Directing the state energy office to develop a comprehensive plan to achieve 100% renewable electricity generation by 2045
- Imposing financial penalties on utility companies that fail to meet the renewable energy targets
Affected Parties and Impacts
The primary parties affected by Act 162 are:
- Electric utility companies operating in the state, who will be required to significantly increase their renewable energy generation over the next 20 years
- Residential and commercial electricity customers, who will benefit from the new renewable energy rebate program
- The state energy office, which will be tasked with developing the 100% renewable energy plan
- The general public, who will see a gradual transition to a cleaner, more sustainable electricity grid
Procedural and Timeline Considerations
GM 1262 is a simple proclamation informing the legislature that the Governor has signed SB1298 SD2 HD2 CD1 into law as Act 162. This notification is a procedural requirement, and no further legislative action is needed on GM 1262 itself.
The substantive provisions of Act 162 will now go into effect, with the renewable energy targets, rebate program, and planning requirements being implemented over the coming years. The state energy office will be required to provide regular progress updates to the legislature as the state works