BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 698
                                                                  Page 1

          Date of Hearing:  April 27, 2009

                       ASSEMBLY COMMITTEE ON NATURAL RESOURCES
                                Nancy Skinner, Chair
                    AB 698 (Skinner) - As Amended:  April 21, 2009
           
          SUBJECT  :  Utility property

           SUMMARY  :  Authorizes a staff director of the Public Utilities  
          Commission (PUC) to approve the disposal of a utility's property  
          when the transaction is valued under $5 million and the  
          utility's application is not contested by any party.

           EXISTING LAW  :

          1)Prohibits a public utility regulated by the PUC from disposing  
            of any property necessary or useful in the utility's  
            performance of its duties to the public without approval of  
            the PUC.  Transactions valued above $5 million require a  
            formal order of the PUC approving an application filed by the  
            utility.  Transactions valued at $5 million or less may be  
            approved by the PUC via a resolution approving an advice  
            letter filed by the utility.  (Public Utilities Code Section  
            851)

          2)Provides that proposed transactions that require review under  
            the California Environmental Quality Act (CEQA) are not  
            eligible for approval by the PUC via advice letter.  (Public  
            Utilities Code Section 853)

           THIS BILL  :

          1)Authorizes approval of a Section 851 advice letter by a PUC  
            staff director, rather than a vote of the commissioners, if  
            the utility's application is not contested by any party.

          2)Provides that an advice letter may be used to approve a  
            transaction subject to CEQA if the PUC is not the lead agency  
            for CEQA's purposes and the lead agency has completed the  
            appropriate CEQA review.  In this case, the advice letter must  
            be approved by a vote of commissioners, rather than by staff.

           FISCAL EFFECT  :  Unknown.

           COMMENTS  :








                                                                  AB 698
                                                                  Page 2


           Bill seeks executive decision authority for minor and  
          non-controversial utility property divestitures.    According to  
          the author's office, current law needs clarification to ensure  
          that legislative intent to create a streamlined process by which  
          a utility may for sell or buy low-value property is being  
          implemented.  The sponsor of the bill, PG&E, will be submitting  
          a large number (potentially hundreds) of applications for  
          conservation easements on its watershed lands to fulfill its  
          bankruptcy settlement.  PG&E is concerned that these  
          applications, which it expects to be non-controversial, will  
          suffer significant delays if a vote of the PUC is required for  
          each one.  This bill allows the PUC greater flexibility to grant  
          streamlined approvals resulting in more timely approvals,  
          potential cost reductions and administrative efficiency.  The  
          bill also permits the advice letter process, but not staff  
          approval, for transactions subject to CEQA, provided any  
          necessary CEQA review has been completed by the appropriate  
          agency.  The advice letter process allows for approval in less  
          than 120 days.  The more formal procedures for issuing an order  
          can take the PUC up to 18 months.
           
          REGISTERED SUPPORT / OPPOSITION  :

           Support 
           
          Pacific Gas and Electric Company (sponsor)
          Southern California Edison

           Opposition
           
          None on file
           

          Analysis Prepared by  :  Lawrence Lingbloom / NAT. RES. / (916)  
          319-2092