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SB 1233·CA·senate

Public utilities: rates.

Passed One ChamberFiled Feb 19, 2026
Sponsor: Ben Allen (D)
Latest Action

August 13 hearing: Held in committee and under submission.

Aug 13, 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 adds new disclosure requirements for electric and gas utilities that want to raise rates, forcing them to show cash available for self‑funded investments and how their capital structure affects returns. It also expands the Public Utilities Commission’s yearly report to include five‑year spending comparisons and recommendations to limit future rate increases, with all data posted online. The changes aim to increase transparency, curb unnecessary cost growth, and factor in wildfire‑risk and decarbonization impacts.

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

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Vote

29 yes

8 no

Read third time. Passed. (Ayes 29. Noes 8. Page 4445.) Ordered to the Assembly. · May 26, 2026

Hearings

History

  1. From committee with author's amendments. Read second time and amended. Re-referred to Com. on U. & E.
  2. Referred to Com. on U. & E.
  3. Read third time. Passed. (Ayes 29. Noes 8.) Ordered to the Assembly.
  4. In Assembly. Read first time. Held at Desk.
  5. Read second time. Ordered to third reading.
  6. From committee: Do pass. (Ayes 5. Noes 2.) (May 14).
  7. Set for hearing May 14.
  8. May 11 hearing: Placed on APPR. suspense file.
  9. Set for hearing May 11.
  10. Read second time and amended. Re-referred to Com. on APPR.
  11. From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 13. Noes 4. Page 3974.) (April 21).
  12. Set for hearing April 21.

The 12 most recent of 18 recorded actions.

Sponsors

  • Ben Allen (D) · sponsor
  • Allen

Bill text

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