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<section article="gpu" article_name="Public Utilities" number="17-202.1" title_number="17" title_name="Commission" subtitle_number="2" subtitle_name="Legal and Financial Affairs">
  <level label="a">
    <level label="1">
      <text>On or before November 1, 2025, the Commission shall submit the following information to the county councils of Montgomery County and Prince George’s County and, in accordance with § 2–1257 of the State Government Article, the General Assembly:</text>
      <level label="i">
        <text>a long–range comprehensive financial plan that:</text>
        <level label="1">
          <text>is developed by the Commission in conjunction with an independent financial advisor; and</text>
        </level>
        <level label="2">
          <text>meets the requirements of subsection (b) of this section; and</text>
        </level>
      </level>
      <level label="ii">
        <text>any updated Commission policies relating to financial management.</text>
      </level>
    </level>
    <level label="2">
      <text>On or before June 1, 2026, and every 5 years thereafter, the Commission shall submit to the county councils of Montgomery County and Prince George’s County and, in accordance with § 2–1257 of the State Government Article, the General Assembly:</text>
      <level label="i">
        <text>an updated version of the long–range comprehensive financial plan; and</text>
      </level>
      <level label="ii">
        <text>any updated Commission policies relating to financial management.</text>
      </level>
    </level>
  </level>
  <level label="b">
    <text>A long–range comprehensive financial plan shall:</text>
    <level label="1">
      <text>include stress testing based on industry standards; and</text>
    </level>
    <level label="2">
      <text>test the impact of a wide range of economic conditions that may affect the Commission and its financial solvency, including changes in employment rates, interest rates, and water usage.</text>
    </level>
  </level>
  <level label="c">
    <text>The Commission shall publish the long–range comprehensive financial plan on the Commission’s website established under § 17–401 of this title.</text>
  </level>
</section>
