BILL ANALYSIS
Appropriations Committee Fiscal Summary
1389 (Ridley-Thomas)
Hearing Date: 8/18/03 Amended: 7/16/03 and
proposed to
be amended
Consultant: Lisa Matocq Policy Vote: E, U & C
5-1
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BILL SUMMARY:
AB 1389 requires public utilities employing more than 750
employees to report annually to the Public Utilities
Commission (PUC) certain information regarding its customer
base, workforce, and capital investments. The bill also
requires the PUC to make the information available on its
website and to report the information annually to specified
legislative committees.
Fiscal Impact (in thousands)
Major Provisions 2003-04 2004-05
2005-06 Fund
PUC Increased costs of $95 annually, probably
Special*
offset by fee revenues
*Public Utilities' Reimbursement Account (PURA)
STAFF COMMENTS:
Increased costs to the PUC should be about $95,000
annually. If the PUC must audit reported information,
costs could be higher.
PURA revenues are derived from an annual fee imposed on
public utilities. Therefore, any increased costs should be
offset by increased fee revenues.