Assembly BillPassed both housesPublic Utilities
AB 2065: Rates: prohibited cost recovery.
What AB 2065 does, verified September 3, 2026
The bill aims to support the development of transmission infrastructure projects. It requires the Energy Unit within the Governor's Office of Business and Economic Development to establish a Transmission Infrastructure Accelerator. This accelerator will develop a public-private partnership plan to maximize debt financing, reduce overall capital costs, and facilitate the development of eligible transmission projects. The plan will aim to achieve ratepayer savings. The deadline for submitting the plan has been extended from July 1, 2027, to December 1, 2027.
Bill journey
✓IntroducedComplete
✓In CommitteeComplete
✓First Chamber FloorComplete
✓Second ChamberComplete
5GovernorCurrent
6ChapteredPending
Last action: Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 60. Noes 11.). (2026-08-31)Alert me
Author and sponsors
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| Aug. 31, 2026 | Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 60. Noes 11.). |
| Aug. 31, 2026 | In Assembly. Concurrence in Senate amendments pending. |
| Aug. 31, 2026 | Read third time. Passed. Ordered to the Assembly. (Ayes 29. Noes 8.). |
| Aug. 27, 2026 | Read second time. Ordered to third reading. |
| Aug. 26, 2026 | Read third time and amended. Ordered to second reading. |