BILL ANALYSIS                                                                                                                                                                                                    



                                                                  SB 1962
                                                                  Page  1

          Date of Hearing:   August 9, 2000

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS 
                              Carole Migden, Chairwoman

                    SB 1962 (Costa) - As Amended:  June 29, 2000 

          Policy Committee:                             Transportation  
          Vote:        17-0
                       Utilities & Commerce                   10-0

          Urgency:     No                   State Mandated Local Program:  
          No     Reimbursable:               

           SUMMARY  

          This bill requires refiners and major marketers of petroleum  
          products to report, on a monthly basis to the California Energy  
          Commission (CEC), information on imports and exports, receipts  
          of finished petroleum products and blendstocks, and exports of  
          unfinished product.  In addition, this bill requires the CEC to  
          gather, analyze, and interpret information on sales of fuels to  
          unbranded retail markets.

           FISCAL EFFECT  

          Minor costs, less than $50,000 annually, to the CEC to process  
          additionally reported information and to conduct the analysis of  
          data concerning unbranded retail markets (Energy Resources  
          Programs Account.)

           COMMENTS  

           Rationale  .  The author believes the CEC needs more data to  
          better analyze the market for petroleum products in California,  
          especially to track the volume of gasoline produced in  
          California and exported to other states.  In addition, the  
          author believes the CEC should have the authority to track the  
          sale of unbranded gasoline in California. 

           Analysis Prepared by  :    Steve Archibald / APPR. / (916)319-2081