BILL ANALYSIS                                                                                                                                                                                                    Ó



          SENATE COMMITTEE ON APPROPRIATIONS
                             Senator Ricardo Lara, Chair
                            2015 - 2016  Regular  Session

          SB 968 (Monning) - Diablo Canyon Units 1 and 2 powerplant
          
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          |Version: March 31, 2016         |Policy Vote: E., U., & C. 9 - 0 |
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          |Urgency: No                     |Mandate: No                     |
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          |Hearing Date: May 27, 2016      |Consultant: Narisha Bonakdar    |
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          Bill  
          Summary:  SB 968 requires the Pacific Gas and Electric Company (PG&E) to  
          submit to the California Public Utilities Commission (CPUC) an  
          assessment of the adverse and beneficial impacts that would  
          result from closure of the Diablo Canyon Power Plant (Diablo  
          Canyon).


          *********** ANALYSIS ADDENDUM - SUSPENSE FILE ***********
             The following information is revised to reflect amendments 
                      adopted by the committee on May 27, 2016




          Fiscal  
          Impact:  
             
            One-time cost of approximately $250,000 (Public Utilities  
            Commission Utilities Reimbursement Account) for the CPUC to  
            oversee the economic impact assessment process and conduct a  
            new proceeding.  
             







          SB 968 (Monning)                                       Page 1 of  
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           Unknown, but likely significant costs, for the completion of  
            the assessment required by the bill (reimbursed through  
            ratepayer funds).


          Author  
          Amendments:  
           Requires the CPUC to cause the impact assessment to be  
            completed, rather than requiring the CPUC to require PG&E to  
            contract for the study to be completed.


           Deletes the requirement that the CPUC consider any further  
            assessments needed.


           Makes conforming changes.







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