AR HB1813

Creates the Fair and Efficient Transmission Compact between Arkansas, Louisiana, Mississippi, and Texas to lower costs and expand high-voltage transmission infrastructure in the mid-South region

Establishes the Fair and Efficient Transmission Council with three representatives per state (appointed by Governor, State Senate, and State House) that begins operations when at least three states adopt the compact

Requires competitive open bidding processes for new transmission project construction, eliminating "Right of First Refusal" laws that give incumbent utilities exclusive construction rights in their territories

Mandates energy-agnostic policies prohibiting discrimination against any energy source, and requires transmission project costs to be allocated proportionally to entities that cause costs and receive benefits

Directs the Arkansas Public Service Commission to administer the compact and authorizes adoption of implementing rules consistent with the compact's principles