AB 705: Public Utilities Commission: Independent Office of Audits and Investigations.

The bill aims to create an independent office of audits and investigations within the Public Utilities Commission. This office will oversee the internal audit unit and its staff, which will be transferred from the commission. The office will be headed by an inspector general, who will report to the governor and the legislature. The inspector general will have access to all records and files of the commission, public utilities, and regulated entities. The office's primary goal is to improve accountability and transparency within the commission. The bill also requires the inspector general to report any findings or violations to the governor and the legislature.