Local transmission cost allocation

Not later than 120 days after the date of enactment of this Act, the Commission shall direct each public utility (as defined in section 201(e) of the Federal Power Act (16 U.S.C. 824(e))) to file 1 or more tariff amendments pursuant to section 205 of that Act (16 U.S.C. 824d) that— (1) allocate to each interconnecting data center local transmission upgrade costs that, but for the existence of the data center, would not be needed; and (2) require data centers to pay transmission rates applicable to their rate class that reflect the embedded cost of the integrated grid, not including those local transmission upgrade costs that are required to be allocated to specific data centers under paragraph (1).