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CA AB2031

Bill

Official Source

Status

Introduced

2/17/2026

Primary Sponsor

Cottie Petrie-Norris

Click for details

Origin

State Assembly

2025-2026 Regular Session

AI Summary

  • Reduces the Public Utilities Commission's deadline to approve or deny advice letters for utility property transactions from 120 days to 90 days
  • Applies to qualified utility transactions valued at $5 million or less involving the sale, lease, assignment, mortgage, or other disposal of utility property
  • Maintains existing requirements that utilities must obtain commission authorization before disposing of property necessary for public service
  • Requires majority vote for passage and triggers fiscal committee review
  • Introduced by Assembly Member Petrie-Norris on February 17, 2026

Legislative Description

Public utilities: property, franchises, and permits: exemption.

Last Action

Referred to Com. on U. & E.

3/2/2026

Committee Referrals

Utilities and Energy3/2/2026

Full Bill Text

No bill text available