Tasha Boerner
- Democratic
- Assemblymember
- District 77
Author
Existing law authorizes the Public Utilities Commission to fix the rates and charges for every public utility, including electrical and gas corporations, and requires those rates and charges to be just and reasonable. This bill would require the commission, following the approval of each general rate case, to review which costs, if any, differed from the general rate case forecasts for each electrical corporation or gas corporation, and to adjust the authorized revenue requirement in the subsequent general rate case, as appropriate, based on the actual past costs the corporation records. The bill would require the commission to establish guidelines for electrical corporations and gas corporations to calculate and report annually their actual rates of return to the commission. The bill would require the commission to adopt processes to adequately track those corporations' actual rates of return relative to their forecasted rates of return and to require those corporations to identify the cost categories where projected costs differed from actual costs. Under existing law, a violation of the Public Utilities Act or a violation of any order, decision, rule, direction, demand, or requirement of the commission is a crime. Because the provisions of this bill would be a part of the act, and because a violation of a commission action implementing its requirements would be a crime, the bill would impose a state-mandated local program. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that no reimbursement is required by this act for a specified reason.
Approved by the Governor.
Chaptered by Secretary of State - Chapter 413, Statutes of 2024.
Enrolled and presented to the Governor at 4 p.m.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 56. Noes 4.).
In Assembly. Concurrence in Senate amendments pending.
Read third time. Passed. Ordered to the Assembly. (Ayes 32. Noes 7.).
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 5. Noes 2.) (August 15).
Read second time and amended. Re-referred to Com. on APPR.
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 15. Noes 3.) (July 2).
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 52. Noes 1.)
Read second time. Ordered to third reading.
Read second time and amended. Ordered returned to second reading.
From committee: Amend, and do pass as amended. (Ayes 9. Noes 1.) (May 16).
Joint Rule 62(a), file notice suspended.
Assembly Rule 63 suspended.
In committee: Set, first hearing. Referred to APPR. suspense file.
Read second time and amended.
From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (April 24).
From committee chair, with author's amendments: Amend, and re-refer to Com. on U. & E. Read second time and amended.
From printer. May be heard in committee March 16.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB2666 | HTML |
| 02/14/24 - Introduced | |
| 03/21/24 - Amended Assembly | |
| 04/29/24 - Amended Assembly | |
| 05/16/24 - Amended Assembly | |
| 07/03/24 - Amended Senate | |
| 09/04/24 - Enrolled | |
| 09/22/24 - Chaptered |
| Document | Format |
|---|---|
| 04/23/24- Assembly Committee on Utilities and Energy | |
| 05/14/24- Assembly Appropriations | |
| 05/20/24- ASSEMBLY FLOOR ANALYSIS | |
| 06/28/24- Senate Energy, Utilities and Communications | |
| 08/02/24- Senate Appropriations | |
| 08/18/24- Sen. Floor Analyses | |
| 08/30/24- ASSEMBLY FLOOR ANALYSIS |
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