BILL ANALYSIS
Appropriations Committee Fiscal Summary
1340 (Kehoe)
Hearing Date: 8/28/03 Amended: 8/19/03
Consultant: Lisa Matocq Policy Vote: E, U & C
6-2
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BILL SUMMARY:
AB 1340 requires oil refiners, producers, transporters,
marketers, pipeline operators, and terminal operators, as
specified, to submit weekly, rather than monthly, reports
to the California Energy Commission (CEC) relating to
inventory levels, gasoline imports and exports, and other
specified information.
Fiscal Impact (in thousands)
Major Provisions 2003-04 2004-05
2005-06 Fund
CEC Unknown, potentially $150
annually General
STAFF COMMENTS: SUSPENSE FILE.
SB 1962 (Costa, Ch. 288, Statutes of 2000) required oil
refiners and major petroleum marketers to report, on a
monthly basis to the CEC, information on specified imports
and exports.
Staff notes that the CEC is in the process of promulgating
regulations that would implement requirements similar to
this bill. Currently, the CEC collects reports from 40-50
entities, some of which is in aggregate form. Under the
new regulations, they expect to collect information from
150-175 entities.
CEC staff indicate that (1) one additional personnel year
would be required to process the weekly reports, (2) when
SB 1962 was enacted, no funding for analytical or data
entry staff was provided, and (3) electronic filing
capability, at a cost of $150,000, would expedite the
processing of weekly reports.
Because the CEC is in the process of promulgating similar
regulations, it is difficult to determine to what extent
the increased costs may be associated with the regulations,
this bill, or SB 1962. Costs could be in the range of
$150,000 annually.