BILL ANALYSIS                                                                                                                                                                                                              1
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                SENATE ENERGY, UTILITIES AND COMMUNICATIONS COMMITTEE
                            MARTHA M. ESCUTIA, CHAIRWOMAN
          

          SB 204 -  Bowen                              Hearing Date:   
          April 5, 2005                   S
          As Introduced: February 10, 2005   Non-FISCAL                 B
                                                                        
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                                      DESCRIPTION
           
           This bill  establishes detailed conflict standards for members of  
          the California Public Utilities Commission (CPUC).

           Existing law  :

             1)   Authorizes the Legislature to remove a commissioner for  
               incompetence, neglect of duty or corruption, by a  
               two-thirds vote of each house.
               (Section 1 of Article XII of the California Constitution)

             2)   Prohibits a commissioner from having an official  
               relation to, or financial interest in, a person or  
               corporation subject to regulation by the CPUC; requires any  
               commissioner who  involuntarily  acquires a financial  
               interest in such a person or corporation to divest of the  
               interest within a reasonable time, or vacate the office;  
               requires the CPUC to adopt a Conflict of Interest Code and  
               Statement of Incompatible Activities.
               (Section 7 of Article XII of the California Constitution  
               and Section 303 of the Public Utilities Code)

             3)   Prohibits members of the  California Energy Commission  
               (CEC)  from:

                  a.        Receiving a substantial portion of income  
                    directly or indirectly from any electric utility  
                    during the two years prior to appointment.
                  b.        Selling or manufacturing any major component  
                    of any facility (i.e. thermal power plant or electric  
                    transmission line) during the two years prior to  











                    appointment.
                  c.        Working for any electric utility, applicant  
                    or, within two years after service on the CEC, any  
                    facility seller or manufacturer.
                  d.        Holding any other elected or appointed public  
                    office or position.
                  e.        Engaging in any employment, activity or  
                    enterprise which is clearly inconsistent,  
                    incompatible, in conflict with or inimical to the  
                    member's CEC duties.
                  f.        Acting on matters in which the member knows  
                    he/she, his/her spouse, minor child, or partner or any  
                    organization in which the member is serving, or has  
                    served while serving as a member of the CEC or within  
                    two years prior to appointment, has a direct or  
                    indirect financial interest.
                    (Section 25205 of the Public Resources Code)

             4)   Prohibits partners, employers and employees of a member  
               of the CEC from acting as an attorney, agent or employee  
               for any person other than the state in connection with any  
               matter in which the CEC is a party or has a direct and  
               substantial interest.
              (Section 25205 of the Public Resources Code)

             5)   Prohibits any state officer or employee from engaging in  
               any employment, activity or enterprise which is clearly  
               inconsistent, incompatible, in conflict with or inimical to  
               his or her duties as a state officer or employee.
               (Section 19990 of the Government Code)
            
             6)   Prohibits any state or local government public official  
               from participating in or attempting to influence a  
               governmental decision in which he or she knows or has  
               reason to know he or she has a financial interest.
               (Section 87100 of the Government Code)

           This bill  establishes conflict standards for the CPUC based on  
          the existing CEC standards (described in 3 and 4 above).  While  
          the standards are essentially the same, the application is more  
          comprehensive - e.g., commissioners are prohibited from  
          receiving income from any  person or corporation subject to  
          regulation by the CPUC, rather than only electric utilities or  
          facility manufacturers, which were the relevant entities for the  










          CEC at the time Section 25205 was enacted (1975).

                                      BACKGROUND
           
          California law flatly says a CPUC commissioner can't have a  
          financial interest in any person or corporation subject to CPUC  
          regulation.  The same basic provision has been in the law since  
          1875.  This financial conflict ban applies regardless of whether  
          the commissioner takes action to benefit his or her financial  
          interest - a commissioner simply can't hold an interest in an  
          entity subject to CPUC regulation.  However, the penalty for  
          violating this law isn't clear, as the First Appellate District  
          of the California Court of Appeals recently found.

          Ironically, if the commissioner obtained the financial interest  
           involuntarily  (e.g., through an inheritance or acquisition of a  
          regulated company by a non-regulated company) the law clearly  
          requires the commissioner to vacate the office, unless he or she  
          gets rid of the financial interest within a reasonable period of  
          time.  However, if the financial interest is obtained  
           voluntarily  (e.g., direct purchase of utility stock) or held  
          since before appointment to the CPUC, the statute is silent and  
          the penalty is unclear.

          In April 2002, a San Francisco Superior Court judge fined  
          then-CPUC commissioner Henry Duque $5,000 and ordered him  
          removed from the CPUC after finding Duque invested $27,000 in  
          Nextel, a mobile phone company subject to CPUC regulation.

          In January 2003, the First Appellate District of the California  
          Court of Appeals overturned that order, ruling that because of a  
          "critical gap" in the statute's wording, the law doesn't specify  
          any penalty for commissioners who voluntarily invest in a  
          regulated company.  In April 2003, the state Supreme Court  
          declined to take review of the Appellate Court decision, thus  
          allowing the decision to stand.


















          Since its creation in 1975, the CEC commissioners have been  
          subject to stricter and more specific conflict standards.  The  
          unique features of the CEC statute are its provisions barring  
          income from specified entities from  two years prior  to  
          appointment to the CEC and  two years after  service on the CEC.   
          Thus, a person with income from an electric utility or facility  
          manufacturer in the last two years is ineligible to serve on the  
          CEC and a former commissioner may not work for a facility  
          manufacturer for two years after the end of term.

                                       COMMENTS
           
              1)   What does this bill add?   Existing provisions of the  
               Constitution and Public Utilities Code, as described above,  
               prohibit members of the CPUC from having an official  
               relation to, or financial interest in, a person or  
               corporation subject to regulation by the CPUC  while they  
               are a commissioner  .  Existing provisions of the Government  
               Code prohibit state officials from engaging in any  
               employment, activity or enterprise clearly inconsistent,  
               incompatible, in conflict with or inimical to their duties,  
               or participating in or attempting to influence a  
               governmental decision in which they know or should know  
               they have a financial interest.  Again, these standards  
               apply only to actions taken during the term of state  
               service.

               These existing laws address unethical actions, such as quid  
               pro quo, bribery and the like, but do not address the issue  
               of income conflicts directly as this bill does.  What this  
               bill adds is the standard borrowed from the CEC - an  
               "ethical buffer" preventing a commissioner from taking  
               money from the companies he or she is regulating from two  
               years prior to two years after his or her service.  This is  
               a high standard, but it has worked for 30 years at the CEC  
               and may be appropriate for an economic regulator with so  
               much influence over the fortunes of regulated utilities and  
               their customers.

              2)   Existing CPUC conflict laws inadequate to address known  
               conflicts.   As the Duque example indicates, the existing  
               law prohibiting commissioners from having a financial  
               interest in CPUC-regulated entities appears to be  
               inadequate to address known or deliberate conflicts because  










               the explicit remedy only relates to financial interests  
               involuntarily acquired.

               This raises two issues for  the author and the committee to  
               consider:   

               The first is whether this bill should include amendments to  
               Section 303, the subject of the Duque case, to fill the  
               "critical gap" identified by the court and subject  
               commissioners to removal from office if they  knowingly   
               acquire or maintain a financial interest in a  
               CPUC-regulated entity.

               The second is whether this bill should incorporate specific  
               penalties, as the CEC statute does.  Using the CEC statute  
               as a model, the penalties could be "any person who violates  
               any provision of this section is guilty of a felony and  
               shall be subject to a fine of not more than ten thousand  
               dollars ($10,000) or imprisonment in the state prison, or  
               both."


































              3)   CEC conflict statute outdated.   The chief "regulatory"  
               duty of the CEC is licensing of thermal power plants.  When  
               the statute creating the CEC (Warren-Alquist Act) was  
               enacted in 1975, "electric utilities" were really the only  
               entities in the business of building power plants, so it  
               makes sense that the conflict standards enacted at the time  
               applied to electric utilities and their suppliers,  
               "facility manufacturers."
                
                However, various policies and economic factors have since  
               created a number of other classes of companies in the power  
               plant business which are not, strictly speaking, "electric  
               utilities."  These include utility holding companies,  
               exempt wholesale generators and qualifying facilities.

                The author and the committee may wish to consider  whether  
               this bill is the right occasion to update the CEC statute  
               to reflect the changes in the electric industry over the  
               past 30 years.  Borrowing from the CPUC standard, the CEC  
               statute could be amended so that its income and employment  
               restrictions apply to "any person or corporation subject to  
               regulation by the CEC."

              4)   Prior related legislation:  
           
               SB 118 (Bowen) of the 2003-2004 session addressed the Duque  
               case by clarifying that a CPUC commissioner must forfeit  
               their office in cases where they voluntarily obtain a  
               financial interest in a CPUC-regulated company.  In this  
               form, SB 118 was approved by the Senate and made it to the  
               Assembly Floor before being amended to address a different  
               subject.

               AB 2006 (Nunez) of the 2003-2004 session contained  
               provisions identical to this bill as part of a larger  
               electricity policy measure.  AB 2006 was approved by the  
               Senate and Assembly, but was vetoed by the Governor.

                                       POSITIONS
           
           Sponsor:
           
          Author











           Support:
           
          California Alliance For Consumer Protection
          Utility Consumers' Action Network

           Oppose:
           
          California Chamber of Commerce

          Lawrence Lingbloom 
          SB 204 Analysis
          Hearing Date:  April 5, 2005