BILL ANALYSIS                                                                                                                                                                                                              1
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                SENATE ENERGY, UTILITIES AND COMMUNICATIONS COMMITTEE
                               DEBRA BOWEN, CHAIRWOMAN
          

          SB 47 -  Bowen                Hearing Date:  April 24, 2001       
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          As Amended:  April 18, 2001             FISCAL           B
                                                                        
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                                      DESCRIPTION
           
           This bill  requires Senate confirmation of members of the  
          Independent System Operator (ISO) governing board.

           The bill  also extends those members' terms from one year to  
          three years and provides for staggered terms.

                                      BACKGROUND
           
          AB 1890 (Brulte), Chapter 854, Statutes of 1996, required the  
          establishment of the ISO as a "separately incorporated public  
          benefit, nonprofit corporation."  The purpose of the ISO is to  
          ensure efficient use and reliable operation of the state's  
          electricity transmission system.  As originally enacted, AB 1890  
          required the governing board of the ISO to be composed of  
          California residents appointed by the Electricity Oversight  
          Board (EOB).  The board members were to be appointed according  
          to classes of stakeholders. 

          Inasmuch as the ISO is a non-public entity engaged in the  
          interstate transmission and wholesale power markets, its  
          operations are subject to Federal Energy Regulatory Commission  
          (FERC) jurisdiction under the Federal Power Act.  When it  
          approved the ISO tariffs, FERC rejected those portions of the  
          ISO bylaws requiring California residency and EOB appointment of  
          governing board members. 

          In November 1998, FERC ordered the ISO to change its bylaws to  
          eliminate the California residency requirement and the EOB's  
          appointment function, as well as the EOB's authority to approve  
          ISO bylaws and hear appeals of ISO governing board decisions.











          In the face of its order's conflict with the provisions of AB  
          1890, FERC maintained that AB 1890's requirements were preempted  
          by the Federal Power Act and it threatened to go to federal  
          court to enforce its order or to unilaterally revise the ISO's  
          bylaws if the EOB did not consent to the  changes ordered.  In  
          January 1999, the ISO submitted revised bylaws to FERC that  
          complied with its order. 

          SB 96 (Peace), Chapter 510, Statutes of 1999, revised the  
          governance structure of the  ISO, as well as the authority of  
          the EOB, to reflect a compromise reached between the state and  
          FERC.  SB 96 limited the EOB's confirmation powers to the  
          appointments of customer representatives to the ISO governing  
          board and limited the EOB's authority to serve as an appeal  
          board for decisions made by the ISO to matters that are  
          exclusively within the jurisdiction of the state.  SB 96 also  
          contained a statement that "California shall retain the right to  
          change the (ISO) governing board into a nonstakeholder board."  
          (Public Utilities Code Section 337)

          FERC issued a declaratory order on August 5, 1999 approving the  
          changes to the governance structure of the ISO, as well as the  
          authority of the EOB, proposed in SB 96.  That order declared  
          the changes proposed by SB 96 outlined "an interim role for the  
          Oversight Board that is consistent with our prior orders."

          On November 1, 2000, FERC issued a draft "Order Proposing  
          Remedies for California Wholesale Electric Market" which  
          proposed a process for replacing the governing boards of the  
          ISO, as well as the Power Exchange (PX).  FERC concluded that  
          the existing "stakeholder" governing boards of the ISO and the  
          PX should be replaced with independent boards.  FERC proposed  
          that the existing board members choose seven members among  
          candidates identified by an independent search firm to form a  
          successor board, without any advice or consent of the EOB or  
          other state entity.  

          In the final California order, issued on December 15, 2000, FERC  
          set aside its proposal for replacing the ISO and PX boards,  
          noting there was no consensus on the process for selecting an  
          independent board.  FERC indicated it would establish procedures  
          to discuss the selection process for an independent ISO board  
          with state representatives.  FERC ordered the existing ISO  
          governing board to turn over decision-making power and operating  
          control to ISO management on January 29, 2001.  Due to other  









          provisions of the December 15 order which substantially  
          diminished the PX's role in the market, FERC found it  
          unnecessary to replace its governing board.

          In the meantime, the Legislature enacted AB 5X (Keeley), Chapter  
          1, Statutes of 2001 First Extraordinary Session.  AB 5X required  
          the replacement of the ISO's 26-member stakeholder board with a  
          governing board composed of five members appointed by the  
          Governor.  AB 5X also required the new board members to be  
          independent of any ISO market participant.

          The following five new ISO board members were appointed by  
          Governor Davis on January 18 and confirmed by the EOB on January  
          23:

                 Michael Kahn, Folger Levin & Kahn LLP, Chair
                 Maria Contreras-Sweet, Secretary of the Business,  
               Transportation and Housing Agency
                 Michael Florio, The Utility Reform Network
                 Carl Guardino, Silicon Valley Manufacturing Group
                 Tal Finney, Governor's Office

                                       COMMENTS
          
          1)Why Senate confirmation wasn't included in AB 5X.   As an  
            urgency measure, the scope of AB 5X was intentionally limited  
            in consideration of Section 8 (d) of Article IV of the  
            California Constitution.  Section 8 (d) states that an  
            "urgency statute may not create or abolish any office or  
            change the salary, term, or duties of any office?"  
























            Because the ISO is not an "office" within the meaning of the  
            Constitution, it was concluded that changing its governing  
            board in an urgency bill would be acceptable (In a December  
            1998 ruling on the matter, the Sacramento Superior Court ruled  
            that the ISO and PX are not state agencies.)

            However, the EOB, which has the authority to decline to  
            confirm ISO appointees, is a state office.  Therefore removing  
            its confirmation duty, as requiring Senate confirmation  
            instead necessarily would, in an urgency bill was considered a  
            likely violation of Section 8 (d).  Prior to passage of AB 5X,  
            the Governor committed to sign follow-up legislation to  
            replace EOB confirmation with Senate confirmation.

           2)Where's FERC?   In its December 15 order, FERC indicated it  
            would issue a subsequent order to establish procedures to  
            discuss the selection process for ISO board members with state  
            representatives.  Since then, the state has unilaterally  
            selected a new ISO board and FERC has undergone a change of  
            leadership.  The former FERC Chairman indicated his opposition  
            to the approach taken by AB 5X, but no formal order was  
            issued.  The new Chairman has not set a schedule to address  
            this issue.

           3)Exemption for service on PX.   AB 5X disqualifies people  
            affiliated with ISO market participants from serving on the  
            governing board.  This bill modifies that provision to allow  
            people who have served on the PX board to serve on the ISO  
            board if they are not otherwise affiliated with an ISO market  
            participant.  

            The rationale for this exemption is that, while the PX is an  
            ISO market participant and its board members are certainly  
            affiliated with the PX, the conflict of an otherwise  
            independent board member is not sufficient to merit  
            disqualification.  Further, the addition of Senate  
            confirmation to the appointment process is designed to ensure  
            qualified, independent board members.

            Given that the PX has filed for bankruptcy, this exemption  
            appears to be moot.

           4)Are state employees affiliated with a market participant?   In  
            ongoing litigation over jurisdiction over the ISO, some have  
            suggested that at least two of the new ISO board members, as  









            state employees, are affiliated with an ISO market participant  
            and that their service on the ISO board violates AB 5X.

            This is based on the argument that the state is itself a  
            market participant through its agent, the Department of Water  
            Resources (DWR).  DWR has clearly been a market participant  
            since the inception of ISO-administered markets.  The question  
            is whether service to the state in a capacity unrelated to  
            DWR's activities constitutes "affiliation" with DWR.

             The author and the committee may wish to consider  clarifying  
            the Legislature's intent on this matter.  If the intent is to  
            allow state employees to serve on the ISO board if their  
            duties are unrelated to the duties of a market participant  
            agency, clarifying language could be added as follows:  

               A state employee whose duties are unrelated to the  
               duties of a market participant agency shall not be  
               considered to be affiliated with a market participant  
               solely as a consequence of that individual's service  
               to the state.

































           5)Staggering forward.   This bill requires initial appointments  
            to be made for one, two or three-year terms.  The purpose of  
            this is to ensure that subsequent terms are staggered, that is  
            only one or two, rather than all five, members' terms expire  
            in any given year.  The mechanism is similar to that used for  
            the initial EOB appointments.  Staggering terms is a  
            traditional way to ensure continuity in institutions with  
            elected or appointed members.

           6)What's left of the EOB?   With the passage of SB 96, the demise  
            of the PX, and this bill, the powers of the EOB have been  
            severely diminished.  Of the powers originally conferred by AB  
            1890, the EOB maintains general, largely unenforceable,  
            oversight of the ISO and the ability to decline to confirm the  
            Governor's appointments to the ISO board, a power it is  
            unlikely to meaningfully exercise.  Under this bill, the  
            latter power would be removed.  Should this bill pass,  the  
            author and the committee may wish to consider  reviewing, and  
            possibly revising, the purposes of the EOB.

           7)Have we seen this before?   On February 22, this committee  
            approved SB 31X (Bowen), with provisions identical to this  
            bill.  However, on April 5, SB 31X was hi-jacked in the  
            Assembly and its contents (and author) were replaced with  
            unrelated language.  This bill is intended to replace SB 31X.

                                       POSITIONS
           
           Sponsor:

           Author

           Support:
           
          California First Amendment Coalition

          Oppose:
           
          None on file

          Lawrence Lingbloom 
          SB 47 Analysis
          Hearing Date:  April 24, 2001