BILL ANALYSIS                                                                                                                                                                                                    



                                                                       



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          |SENATE RULES COMMITTEE            |                   AB 698|
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                                 THIRD READING


          Bill No:  AB 698
          Author:   Skinner (D)
          Amended:  4/21/09 in Assembly
          Vote:     21

           
           SENATE ENERGY, U. & C. COMMITTEE  :  11-0, 7/7/09
          AYES:  Padilla, Benoit, Calderon, Corbett, Cox, Kehoe,  
            Lowenthal, Simitian, Strickland, Wiggins, Wright

           SENATE APPROPRIATIONS COMMITTEE  :  Senate Rule 28.8

           ASSEMBLY FLOOR  :  73-0, 5/14/09 - See last page for vote


           SUBJECT  :    Utility property: Divestitures

           SOURCE  :     Pacific Gas and Electric


           DIGEST  :    This bill authorizes a staff director of the  
          Public Utilities Commission to approve the disposal of a  
          utilitys property when the transaction is valued under $5  
          million and the utility's application is not contested by  
          any party.

           ANALYSIS  :    

          Existing law:

          1.Prohibits a public utility regulated by the Public  
            Utilities Commission (PUC) from disposing of any property  
            necessary or useful in the utility's performance of its  
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            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.  

          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.

          This bill:

          1. Authorizes a staff director of the PUC to approve the  
             disposition of a utility's property when the transaction  
             is valued under $5 million and 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 the CEQA if the PUC is not the  
             lead agency for CEQA purposes and the lead agency has  
             completed the appropriate CEQA review.  In this case,  
             the advice letter must be approved by a vote of the  
             commissioners, rather than by staff.

           Comments
           
          The sponsor of this 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.








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           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes    
          Local:  No

          Minor administrative cost savings to the PUC from  
          streamlining the property disposition approval process.

           SUPPORT  :   (Verified  7/20/09)

          Pacific Gas and Electric Company (source)
          California Public Utilities Commission
          Southern California Edison


           ASSEMBLY FLOOR  : 
          AYES:  Adams, Anderson, Arambula, Beall, Bill Berryhill,  
            Tom Berryhill, Blakeslee, Block, Blumenfield, Brownley,  
            Buchanan, Caballero, Charles Calderon, Carter, Chesbro,  
            Conway, Cook, Coto, Davis, De La Torre, De Leon, DeVore,  
            Duvall, Emmerson, Eng, Evans, Feuer, Fletcher, Fong,  
            Fuller, Furutani, Galgiani, Gilmore, Hagman, Hall,  
            Harkey, Hayashi, Hernandez, Hill, Huber, Huffman,  
            Jeffries, Jones, Knight, Krekorian, Lieu, Logue, Bonnie  
            Lowenthal, Ma, Mendoza, Miller, Monning, Nava, Nestande,  
            Niello, Nielsen, John A. Perez, V. Manuel Perez,  
            Portantino, Price, Ruskin, Salas, Silva, Skinner,  
            Solorio, Audra Strickland, Swanson, Torlakson, Torres,  
            Torrico, Tran, Villines, Yamada
          NO VOTE RECORDED:  Ammiano, Fuentes, Gaines, Garrick,  
            Saldana, Smyth, Bass


          DLW:do  7/22/09   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

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