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AB-20 Public Utilities Commission: rates.(2001-2002)

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AB20:v98#DOCUMENT

Amended  IN  Assembly  June 06, 2001

CALIFORNIA LEGISLATURE— 2001–2002 2nd Ext.

Assembly Bill
No. 20

Introduced  by  Assembly Member Rod Pacheco, Bogh, Pescetti
 (Coauthor(s): Assembly Member Briggs, Cox, Dickerson, Kelley, Maddox, Mountjoy, Strickland, Wyman)

May 17, 2001

An act to add Section 332 to the Public Utilities Code, relating to public utilities.


LEGISLATIVE COUNSEL'S DIGEST


AB 20, as amended, Rod Pacheco. Public Utilities Commission: rates.
 Existing law authorizes the Public Utilities Commission to fix just and reasonable rates for all public utilities under its jurisdiction.
This bill would repeal the rate increase approved by the commission on March 27, 2001, in Decision 01-03-081, and the rate structure approved by the commission on May 15, 2001, in Decision 01-05-064, and make an electrical corporation’s retail rate, on and after that date, the rate that was in effect on March 26, 2001. The bill would provide that the commission shall no longer have the authority to increase electric rates more than 7% in a calendar year. The bill would, instead, authorize the commission to recommend a rate increase to the Legislature for its approval in a bill.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 332 is added to the Public Utilities Code, to read:

332.
 (a) On the date that the act adding this section takes effect, the rate increase approved by the commission on March 27, 2001, in Decision 01-03-081, and the rate structure approved by the commission on May 15, 2001, in Decision 01-05-064, shall no longer be in effect, and, except as provided in subdivision (b), on and after the date described in this subdivision, an electrical corporations’s corporation’s retail rate shall be the rate that was in effect on March 26, 2001.
(b) Notwithstanding any other provision of law, the commission shall no longer have the authority to increase electric rates more than a total of 7 percent in a calendar year. The commission may recommend a rate increase that would exceed that total to the Legislature for its approval in a bill.