Shares of electric utility Public Service Enterprise Group (PEG) are sliding after a bill that would have asked ratepayers for additional funds to support the company’s nuclear units, which was expected to be voted on today in New Jersey’s Senate, faltered in the lower house. WHAT’S NEW: The bill, S-3560, was pushed by PSEG for more than a year and would have asked ratepayers for $300M annually to “prop up” the company’s three nuclear units in South Jersey, according to a report from NJ Spotlight. However, Assembly Speaker Vincent Prieto balked at posting it, the report noted, adding that the bill is “almost certain to emerge in a much different form in the next legislative term.” PSEG declined to answer questions about the bill when asked about it being pulled, NJ Spotlight added in its report on the bill. PRICE ACTION: In late morning trading, PSEG shares are down $1.32, or 2.6%, to $49.42.