Assembly BillPassed both housesPublic Utilities
AB 2700: Public Utilities Commission: electrical corporations: wildfire victim restitution shortfalls: report: restitution mechanisms.
What AB 2700 does, verified September 3, 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
✓Second ChamberComplete
5GovernorCurrent
6ChapteredPending
Last action: Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0.). (2026-08-31)Alert me
Author and sponsors
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| Aug. 31, 2026 | Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0.). |
| Aug. 31, 2026 | Assembly Rule 63 suspended. |
| Aug. 31, 2026 | From committee: That the Senate amendments be concurred in. (Ayes 17. Noes 0.) (August 30). |
| Aug. 25, 2026 | Re-referred to Com. on U. & E. pursuant to Assembly Rule 77.2. |
| Aug. 24, 2026 | In Assembly. Concurrence in Senate amendments pending. |