BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  SB 434
                                                                  Page  1

          SENATE THIRD READING
          SB 434 (Hill)
          As Amended  August 11, 2014
          Majority vote

           SENATE VOTE  :   26-2
            
           UTILITIES & COMMERCE              14-0                          
           
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          |Ayes:|Bradford, Patterson,      |     |                          |
          |     |Bonilla, Buchanan,        |     |                          |
          |     |Ch�vez, Dahle, Fong, Beth |     |                          |
          |     |Gaines, Garcia,           |     |                          |
          |     |Roger Hern�ndez, Jones,   |     |                          |
          |     |Mullin, Quirk, Rendon     |     |                          |
          |     |                          |     |                          |
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           SUMMARY  :  Expands the prohibition of a sitting California Public  
          Utilities Commission (PUC) Commissioner from acting as an owner,  
          director, or officer of a non-state entity of existing non-state  
          entities created before January 1, 2014, to those created by  
          future actions of the PUC.  Specifies a two-thirds vote of both  
          houses of the Legislature is needed to remove a Commissioner of  
          the California Public Utilities Commission, in the event that a  
          Commissioner violates specified prohibitions.

           FISCAL EFFECT  :  Unknown.  This bill is keyed non-fiscal by the  
          Legislative Counsel.

           COMMENTS  :   According to the author, "the purpose of the bill is  
          to enhance state oversight over moneys approved by the  
          California Public Utilities Commission.  Current law prohibits a  
          commissioner from sitting on a non-state entity that he or she  
          had a hand in creating as a commissioner, but only if the  
          non-state entity was created before January 1, 2014 (active June  
          1, 2014)."  This bill would instead ensure that the policy is  
          forward-looking and would apply to all current and future  
          commissioners upon the operative date of the legislation, which  
          would be January 1, 2015, if enacted and signed by the Governor.


           Analysis Prepared by  :    DaVina Flemings / U. & C. / (916)  
          319-2083 









                                                                  SB 434
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