BILL ANALYSIS                                                                                                                                                                                                    



                                                                       



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                              UNFINISHED BUSINESS


          Bill No:  SB 62
          Author:   Senate Budget and Fiscal Review Committee
          Amended:  9/11/09
          Vote:     27 - Urgency

           
          PRIOR VOTES NOT RELEVANT 

           ASSEMBLY FLOOR  :  Not available 


           SUBJECT  :    Budget Act of 2009:  revisions

           SOURCE  :     Author


           DIGEST  :     Assembly Amendments  delete the prior version of  
          the bill expressing the intent of the Legislature to enact  
          necessary statutory changes relating to the Budget Act of  
          2009.  This bill now makes a change in SB 14 (Simitian)  
          relating to renewable energy resources in order to correct  
          a date problem in the provision concerning the percentages  
          of electricity from eligible renewable energy resources a  
          local publicly owned electric utility must procure.  It  
          will require the utility to procure 20 percent by 2013  
          instead of 2012.  This bill becomes operative only if AB 64  
          (Krekorian) and SB 14 (Simitian) are chaptered.

           ANALYSIS  :    SB 14 has a provision requiring that the  
          Renewables Portfolio Standard established for a local  
          publicly owned electric utility, require it to procure the  
          following percentages of electricity from eligible  
          renewable energy resources by the following dates:  (A) 20  
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          percent by December 31, 2012; (B) 23 percent by December  
          31, 2014; (C) 26 percent by December 31, 2016; (D) 30  
          percent by December 31, 2018; and (E) Until December 31,  
          2012, the same percentage as actually achieved by the  
          utility during 2009; (B) 20 percent by December 31, 2012;  
          (C) 25 percent by December 31, 2016; and (D) 33 percent by  
          December 31, 2020.

          This bill changes the date by which the utility must  
          procure 20 percent eligible renewable resources from  
          December 31, 2012 to December 31, 2013.  (The Legislature  
          Counsel digest has the date as 2013.)

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

          DLW:nl  9/11/09   Senate Floor Analyses 

                       SUPPORT/OPPOSITION:  NONE RECEIVED

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