Bill Text: CA AB1054 | 2019-2020 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Public utilities: wildfires and employee protection.

Spectrum: Moderate Partisan Bill (Democrat 4-1)

Status: (Passed) 2019-07-12 - Chaptered by Secretary of State - Chapter 79, Statutes of 2019. [AB1054 Detail]

Download: California-2019-AB1054-Introduced.html

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CALIFORNIA LEGISLATURE— 2019–2020 REGULAR SESSION

Assembly Bill

No. 1054

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Introduced by Assembly Member Holden

February 21, 2019

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An act to amend Section 307.6 of the Public Utilities Code, relating to the Public Utilities Commission.

LEGISLATIVE COUNSEL'S DIGEST

AB 1054, as introduced, Holden. Public Utilities Commission: chief internal auditor.

Under existing law, the Public Utilities Commission has regulatory authority over public utilities. Existing law requires the commission to appoint a chief internal auditor, to hold office at the pleasure of the commission and to perform specified functions.

This bill would require that the chief internal auditor have expertise in accounting, risk management, and information technology, and have familiarity with industry best practices.

Digest Key

Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

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Bill Text

The people of the State of California do enact as follows:

SECTION 1.

 Section 307.6 of the Public Utilities Code is amended to read:

307.6.

 (a) The commission shall appoint a chief internal auditor, with expertise in accounting, risk management, and information technology, and familiarity with industry best practices, who shall hold office at the pleasure of the commission.

(b) The chief internal auditor shall be responsible for the oversight of the internal audit unit and shall plan, initiate, and perform audits of key financial, management, operational, and information technology functions within the commission to improve accountability and transparency to executive and state management.

(c) The chief internal auditor shall report his or her the auditor’s findings and recommendations directly to an audit subcommittee of the commission.

(d) The chief internal auditor shall comply with Part 3.5 (commencing with Section 13885) of Division 3 of Title 2 of the Government Code.