SB 709 Summary

• Creates the "Oklahoma Clean Jobs Act of 2013" requiring rate-regulated electric utilities operating coal-fired power plants to submit emission reduction plans to the Corporation Commission by August 15, 2014.

• Emission reduction plans must cover at least 50% of each utility's coal-fired generating units and may include new emission controls, unit retirements, coal-to-gas conversions, long-term fuel contracts, and new infrastructure.

• Requires full implementation of approved plans by December 31, 2017, with utility consultation with the Commission and opportunity for state environmental agencies to comment on air quality impacts.

• Authorizes utilities to recover all prudently incurred costs from approved plans and permits the Commission to implement annual rate adjustment mechanisms without requiring full rate case proceedings.

• Directs the Corporation Commission to promulgate rules for implementation and submit legislative recommendations to the Oklahoma Legislature by December 1, 2013.