BILL ANALYSIS Ó
SB 1222
Page 1
SENATE THIRD READING
SB
1222 (Hertzberg)
As Amended June 16, 2016
Majority vote
SENATE VOTE: 39-0
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|Committee |Votes|Ayes |Noes |
| | | | |
| | | | |
| | | | |
|----------------+-----+-----------------------+-------------------|
|Utilities |15-0 |Gatto, Patterson, | |
| | |Burke, Chávez, Dahle, | |
| | |Eggman, Cristina | |
| | |Garcia, Eduardo | |
| | |Garcia, Hadley, | |
| | | | |
| | | | |
| | |Roger Hernández, | |
| | |Obernolte, Quirk, | |
| | |Santiago, Ting, | |
| | |Williams | |
| | | | |
|----------------+-----+-----------------------+-------------------|
|Appropriations |20-0 |Gonzalez, Bigelow, | |
| | |Bloom, Bonilla, Bonta, | |
| | |Calderon, Chang, Daly, | |
| | |Eggman, Gallagher, | |
SB 1222
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| | |Eduardo Garcia, | |
| | |Holden, Jones, | |
| | |Obernolte, Quirk, | |
| | |Santiago, Wagner, | |
| | |Weber, Wood, Chau | |
| | | | |
| | | | |
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SUMMARY: Makes various changes to the authorities of the
California Public Utilities Commission (CPUC) and the reports
required to be provided to the Legislature. Specifically, this
bill:
1)Changes dates by which the CPUC must submit specified reports.
2)Changes and adds to the required contents of specified CPUC
reports.
3)Repeals requirements for CPUC to submit specified reports.
4)Transfers the responsibility for developing specified energy
efficiency report, from the CPUC to the California Energy
Commission (CEC), and expands the reporting requirements.
5)Extends CPUC's authority to issue financing orders from
December 31, 2016, to June 30, 2022.
6)Limits CPUC's authority to serve warrants and make arrests to
investigators.
SB 1222
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FISCAL EFFECT: According to the Assembly Appropriations
Committee:
1)Increases CEC costs of approximately $136,000 (1 personnel
year) to compile information, conduct analysis, and prepare
formal comments regarding energy efficient programs (Energy
Resources Program Account or other special fund.)
2)No additional CPUC costs, potential minor savings.
COMMENTS:
Purpose and Background. According to the author, this bill
clarifies CPUC reporting obligations. According to the CPUC,
there are several dozen reports required by the Legislature.
Many of these report requirements have been scattered throughout
the Public Utilities Code. Several are now outdated, with
deadlines that have long passed.
CPUC sponsored legislation last year, SB 697 (Hertzberg),
Chapter 612, Statutes of 2015, shifted many reporting
requirements to one location within the code in an effort to
better organize the Public Utilities Code. This bill builds off
efforts from last year.
This bill also extends the sunset date on the CPUC's authority
to refinance the costs of electric deregulation. In 1995, the
state issued 20-year bonds to cover certain costs associated
with that transition that are paid back by utility ratepayers.
In recent years, interest rates have declined substantially and
the short term finance rates are near zero percent. According
to the CPUC, having refinancing authority saves ratepayers
money. This bill extends that authority to June 30, 2022.
SB 1222
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Analysis Prepared by:
Darion Johnston / U. & C. / (916) 319-2083 FN:
0003933