California 2019-2020 Regular Session Status: In Committee

AB 2067 — Public Utilities Commission: balancing accounts: reviews and audits.

Last action — In committee: Hearing postponed by committee.

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2019-2020 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Under existing law, the Public Utilities Commission has regulatory authority over public utilities, including electrical corporations, gas corporations, heat corporations, telegraph corporations, telephone corporations, and water corporations. Existing law requires the commission to require a public utility to establish and maintain a balancing account reflecting the balance between related costs and revenues whenever the commission authorizes any change in rates reflecting and passing through to the public utility's customers specific changes in costs, except as specified. Existing law requires the commission to adopt balancing account review or audit procedures that prioritize the review of certain balancing accounts based, in part, on the accounts' quarterly balances and authorized revenue amounts and that prioritize review of those accounts that have not been reviewed or audited in the previous 3 years. Existing law authorizes the commission to forgo the review or audit of a balancing account if the Public Advocate's Office of the Public Utilities Commission or an independent auditor plans to review or audit the balancing account. This bill would revise those balancing account review or audit procedures to instead prioritize accounts based on year-end, rather than quarterly, balances and authorized revenue amounts. The bill would authorize the commission to additionally forgo the review or audit of a balancing account that the Public Advocate's Office has reviewed, or an independent auditor has audited, in the previous 3 years, as specified.

Bill Text

Action History

  1. In committee: Hearing postponed by committee.

  2. Re-referred to Com. on U. & E.

  3. From committee chair, with author's amendments: Amend, and re-refer to Com. on U. & E. Read second time and amended.

  4. Referred to Com. on U. & E.

  5. From printer. May be heard in committee March 6.

  6. Read first time. To print.

Sponsors

  • Holden · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

  • Holden

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

public-safety technology
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Frequently asked questions

What does AB 2067 do?
Under existing law, the Public Utilities Commission has regulatory authority over public utilities, including electrical corporations, gas corporations, heat corporations, telegraph corporations, telephone corporations, and water corporations. Existing law requires the commission to require a public utility to establish and maintain a balancing account reflecting the balance between related costs and revenues whenever the commission authorizes any change in rates reflecting and passing through to the public utility's customers specific changes in costs, except as specified. Existing law requires the commission to adopt balancing account review or audit procedures that prioritize the review of certain balancing accounts based, in part, on the accounts' quarterly balances and authorized revenue amounts and that prioritize review of those accounts that have not been reviewed or audited in the previous 3 years. Existing law authorizes the commission to forgo the review or audit of a balancing account if the Public Advocate's Office of the Public Utilities Commission or an independent auditor plans to review or audit the balancing account. This bill would revise those balancing account review or audit procedures to instead prioritize accounts based on year-end, rather than quarterly, balances and authorized revenue amounts. The bill would authorize the commission to additionally forgo the review or audit of a balancing account that the Public Advocate's Office has reviewed, or an independent auditor has audited, in the previous 3 years, as specified.
Who sponsors AB 2067?
AB 2067 is sponsored by Holden.
What is the current status of AB 2067?
This bill died with 2019-2020 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 2067?
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