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AB 2338·CA·house

Electrical corporations and gas corporations: rates: inflation-constrained rate case scenario: standard of review.

In CommitteeFiled Feb 19, 2026
Sponsor: Ransom
Latest Action

In committee: Held under submission.

May 14, 2026

Legislative status

  1. Introduced
  2. In Committee
  3. Reported by Committee
  4. Floor Vote Scheduled
  5. Passed One Chamber
  6. Passed Both Chambers
  7. Sent to Executive
  8. Signed into Law

Summary

The bill obligates California electric and gas utilities to submit a rate‑case scenario that does not exceed the projected Social Security cost‑of‑living adjustment, and to compare it with their primary plan. Utilities may exceed that cap only with clear evidence that higher spending is needed for safe, reliable service. It also tightens review of any other spending requests that would push costs above the COLA benchmark.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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Vote

11 yes

3 no

From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 3.) (April 22). Re-referred to Com. on APPR. · Apr 23, 2026

Hearings

History

  1. In committee: Held under submission.
  2. In committee: Set, first hearing. Referred to APPR. suspense file.
  3. From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 3.) (April 22). Re-referred to Com. on APPR.
  4. Re-referred to Com. on U. & E.
  5. From committee chair, with author's amendments: Amend, and re-refer to Com. on U. & E. Read second time and amended.
  6. Referred to Com. on U. & E.
  7. From printer. May be heard in committee March 22.
  8. Read first time. To print.

Sponsors

  • Ransom · sponsor

Bill text

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