Bill Text: CA SB305 | 2023-2024 | Regular Session | Amended
Bill Title: Aliso Canyon Recovery Account.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Engrossed) 2023-06-14 - From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 13. Noes 0.) (June 14). Re-referred to Com. on APPR. [SB305 Detail]
Download: California-2023-SB305-Amended.html
|
Amended
IN
Senate
April 19, 2023 |
CALIFORNIA LEGISLATURE—
2023–2024 REGULAR SESSION
Senate Bill
No. 305
| Introduced by Senator Stern (Principal coauthor: Assembly Member Schiavo) |
February 02, 2023 |
An act to amend Section 2104.7 of the Public Utilities Code, relating to natural gas.
LEGISLATIVE COUNSEL'S DIGEST
SB 305, as amended, Stern.
Aliso Canyon Recovery Account.
Existing law vests the Public Utilities Commission with regulatory authority over public utilities, including gas corporations. Existing law creates the Aliso Canyon Recovery Account and requires all moneys collected pursuant to any settlements, unless restricted by a court for another purpose, abatement orders, fines, or penalties by the commission from a gas corporation serving the Los Angeles Basin pursuant to an administrative enforcement or legal proceeding relating to a certain well failure at the Aliso Canyon natural gas storage facility to be deposited into the account. Existing law authorizes moneys in the account to be allocated, upon appropriation by the Legislature, for purposes of mitigating impacts on local air quality, public health, and ratepayers resulting from the well failure at Aliso Canyon, as specified.
This bill would
require, rather than authorize, those moneys to be allocated for those purposes, and would clarify that those purposes include mitigating impacts on public health in vulnerable communities. communities, as specified.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 2104.7 of the Public Utilities Code is amended to read:2104.7.
(a) Notwithstanding Section 2104, all moneys collected pursuant to any settlements, unless restricted by a court for another purpose, abatement orders, fines, or penalties by the commission from a gas corporation serving the Los Angeles Basin pursuant to an administrative enforcement or legal proceeding relating to the well failure at the Aliso Canyon natural gas storage facility first reported to the commission in October 2015 shall be deposited into the Aliso Canyon Recovery Account, which is hereby created in the State Treasury. Moneys in the account(b) For purposes of this section, “Los Angeles Basin” means the area identified as the “Aliso Canyon Delivery Area” on page 11 of the Aliso Canyon Risk Assessment Technical Report, dated April 5, 2016.
