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

          SB 31X -  Bowen                                         
          Hearing Date:  February 22, 2001       S
          As Introduced:  February 5, 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.

                                  KEY QUESTIONS  

          1.Should the members of the ISO governing board appointed  
            by the Governor be subject to confirmation by the Senate?
          2.Does the proposed appointment and confirmation process  
            justify a three-year term?

                                    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  As originally  
          enacted, AB 1890 required the governing board of the ISO to  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 ISO 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 will further  
                 ensure qualified, independent board members.





































            Given that the PX is likely to either file for bankruptcy  
            or merge with the ISO in the near future, this exemption  
            will likely 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 likely  
            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 PX 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.

                                       POSITIONS
           
           Sponsor:
           Author

           Support:
           None on file

           Oppose:
           None on file

          Lawrence Lingbloom 
          SB 31X Analysis
          Hearing Date:  February 22, 2001