Bill Text: CA AB1947 | 2013-2014 | Regular Session | Introduced

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Bill Title: Energy: rates: expenses for research and development.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2014-02-20 - From printer. May be heard in committee March 22. [AB1947 Detail]

Download: California-2013-AB1947-Introduced.html

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BILL NUMBER: AB 1947	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Buchanan

                        FEBRUARY 19, 2014

   An act to amend Section 740 of the Public Utilities Code, relating
to energy.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1947, as introduced, Buchanan. Energy: rates: expenses for
research and development.
   Under existing law, the Public Utilities Commission has regulatory
authority over public utilities, including electrical corporations
and gas corporations, as defined. Existing law authorizes the
commission to fix the rates and charges for every public utility, and
requires that those rates and charges be just and reasonable. For
purposes of setting the rates to be charged by every electrical
corporation, gas corporation, heat corporation, or telephone
corporation, existing law authorizes the commission to allow for the
inclusion of expenses for research and development.
   This bill would make a nonsubstantive change to this provision.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 740 of the Public Utilities Code is amended to
read:
   740.  For purposes of setting the rates to be charged by every
electrical corporation, gas corporation, heat  corporation
  corporation,  or telephone corporation for the
services or commodities furnished by it, the commission may allow the
inclusion of expenses for research and development.