BILL NUMBER: SB 1524 INTRODUCED BILL TEXT INTRODUCED BY Senator Sher FEBRUARY 20, 2002 An act to repeal Article 2 (commencing with Section 334) of Chapter 2.3 of Part 1 of Division 1 of the Public Utilities Code, relating to public utilities. LEGISLATIVE COUNSEL'S DIGEST SB 1524, as introduced, Sher. Electricity Oversight Board. Existing law establishes the Electricity Oversight Board to oversee the Independent System Operator and the Power Exchange, serve as an appeal board for decisions of the Independent System Operator, and investigate any matter related to the wholesale market for electricity to ensure that the interests of the people of the state are served. This bill would repeal these provisions and would declare the intent of the Legislature to enact subsequent legislation to require the Public Utilities Commission to perform these duties instead of the Electricity Oversight Board. Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Article 2 (commencing with Section 334) of Chapter 2.3 of Part 1 of Division 1 of the Public Utilities Code is repealed. SEC. 2. It is the intent of the Legislature to enact subsequent legislation to require the Public Utilities Commission to perform those activities formerly performed by the Electricity Oversight Board.