Politics.AIAssembly BillPassed first housePublic Utilities
AB 2700: Public Utilities Commission: electrical corporations: wildfire victim restitution shortfalls: report: restitution mechanisms.
What AB 2700 does, verified August 25, 2026
This bill aims to reduce the kilowatt-per-hour rate for electricity charged to ratepayers by at least 30% by January 1, 2028. The Public Utilities Commission will generate a report outlining recommendations for rate reduction, taking into account the cost effectiveness of public purposes programs and auditing electrical corporation wildfire mitigation plan costs. The report will also assess verified restitution shortfalls for victims of wildfires caused by electrical corporations before July 12, 2019, and recommend mechanisms for addressing these shortfalls.
Bill journey
✓IntroducedComplete
✓In CommitteeComplete
✓First Chamber FloorComplete
4Second ChamberCurrent
5GovernorPending
6ChapteredPending
Last action: In Assembly. Concurrence in Senate amendments pending. (2026-08-24)Alert me
Author and sponsors
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| Aug. 24, 2026 | In Assembly. Concurrence in Senate amendments pending. |
| Aug. 24, 2026 | Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0.). |
| Aug. 17, 2026 | Read second time. Ordered to third reading. |
| Aug. 13, 2026 | Read second time and amended. Ordered returned to second reading. |
| Aug. 13, 2026 | From committee: Amend, and do pass as amended. (Ayes 7. Noes 0.) (August 13). |