Exclusive: New Democratic transmission legislation

• Vermont Sen. Peter Welch and New Hampshire Rep. Annie Kuster have a plan to speed things up.

What's new: The legislation — shared exclusively with Axios — would create a fund via a share of interest collected from Energy Department transmission loan programs.

• Communities would use it for infrastructure like hospitals and schools, workforce training, and conservation.
• The Energy and Treasury departments would determine the share of interest staking the fund for cities, counties and tribes.

What's next: Welch plans to discuss the bill with Majority Leader Chuck Schumer and Senate Energy and Natural Resources Chairman Joe Manchin, aides say.

• He's hopeful it's part of bipartisan permitting legislation under discussion.

State of play: The National League of Cities and National Association of Counties support it.

• So do recreation interests who see global warming threatening skiing and other outdoor activities.
• Backers include REI, Burton, and the group Protect Our Winters.

The bottom line: "Expanding transmission lines is key to achieving a clean energy future and ensuring long-term welfare of communities in Vermont, New England, and across the country," Welch said.