Assembly BillPassed first housePublic Utilities
AB 2065: Rates: prohibited cost recovery.
What AB 2065 does, verified August 13, 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
4Second ChamberCurrent
5GovernorPending
6ChapteredPending
Last action: Read second time. Ordered to third reading. (2026-08-11)Alert me
Author and sponsors
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| Aug. 11, 2026 | Read second time. Ordered to third reading. |
| Aug. 10, 2026 | From committee: Be ordered to second reading pursuant to Senate Rule 28.8. |
| Jul. 29, 2026 | In committee: Hearing postponed by committee. |
| Jun. 30, 2026 | Read second time and amended. Re-referred to Com. on APPR. |
| Jun. 29, 2026 | From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 14. Noes 2.) (June 24). |