CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Bill No. 1410Introduced by Senator MorrellFebruary 16, 2018 An act to amend Section 314.5 of the Public Utilities Code, relating to public utilities. LEGISLATIVE COUNSEL'S DIGESTSB 1410, as introduced, Morrell. Public utilities: inspection and audit of books and records.Under existing law, the Public Utilities Commission has regulatory authority over public utilities, including electrical corporations, gas corporations, heat corporations, telegraph corporations, telephone corporations, and water corporations. The California Constitution authorizes the commission to establish rules, examine records, and prescribe a uniform system of accounts for all public utilities. The Public Utilities Act requires the commission to inspect and audit the books and records of electrical corporations, gas corporations, heat corporations, telegraph corporations, telephone corporations, and water corporations for regulatory and tax purposes. An inspection and audit is required to be done at least every 3 years if the utility has over 1,000 customers. This bill would additionally authorize the commission to inspect and audit the books and records of those utilities in accordance with the commission authorized general rate case cycle, if that cycle provides for a rate case no less frequently than once every five years.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 314.5 of the Public Utilities Code is amended to read:314.5. The commission shall inspect and audit the books and records for regulatory and tax purposes (1) at as follows:(a) At least once every three years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving over 1,000 customers, and (2) at customers or in accordance with the commission authorized general rate case cycle, if that cycle provides for a rate case no less frequently than once every five years.(b) At least once every five years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving 1,000 or fewer customers. An audit conducted in connection with a rate proceeding shall be deemed to fulfill the requirements of this section. The commission shall post reports of the inspections and audits and other pertinent information on its Internet Web site.
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Bill No. 1410Introduced by Senator MorrellFebruary 16, 2018 An act to amend Section 314.5 of the Public Utilities Code, relating to public utilities. LEGISLATIVE COUNSEL'S DIGESTSB 1410, as introduced, Morrell. Public utilities: inspection and audit of books and records.Under existing law, the Public Utilities Commission has regulatory authority over public utilities, including electrical corporations, gas corporations, heat corporations, telegraph corporations, telephone corporations, and water corporations. The California Constitution authorizes the commission to establish rules, examine records, and prescribe a uniform system of accounts for all public utilities. The Public Utilities Act requires the commission to inspect and audit the books and records of electrical corporations, gas corporations, heat corporations, telegraph corporations, telephone corporations, and water corporations for regulatory and tax purposes. An inspection and audit is required to be done at least every 3 years if the utility has over 1,000 customers. This bill would additionally authorize the commission to inspect and audit the books and records of those utilities in accordance with the commission authorized general rate case cycle, if that cycle provides for a rate case no less frequently than once every five years.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
Senate Bill No. 1410
Introduced by Senator MorrellFebruary 16, 2018
Introduced by Senator Morrell
February 16, 2018
An act to amend Section 314.5 of the Public Utilities Code, relating to public utilities.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
SB 1410, as introduced, Morrell. Public utilities: inspection and audit of books and records.
Under existing law, the Public Utilities Commission has regulatory authority over public utilities, including electrical corporations, gas corporations, heat corporations, telegraph corporations, telephone corporations, and water corporations. The California Constitution authorizes the commission to establish rules, examine records, and prescribe a uniform system of accounts for all public utilities. The Public Utilities Act requires the commission to inspect and audit the books and records of electrical corporations, gas corporations, heat corporations, telegraph corporations, telephone corporations, and water corporations for regulatory and tax purposes. An inspection and audit is required to be done at least every 3 years if the utility has over 1,000 customers. This bill would additionally authorize the commission to inspect and audit the books and records of those utilities in accordance with the commission authorized general rate case cycle, if that cycle provides for a rate case no less frequently than once every five years.
Under existing law, the Public Utilities Commission has regulatory authority over public utilities, including electrical corporations, gas corporations, heat corporations, telegraph corporations, telephone corporations, and water corporations. The California Constitution authorizes the commission to establish rules, examine records, and prescribe a uniform system of accounts for all public utilities. The Public Utilities Act requires the commission to inspect and audit the books and records of electrical corporations, gas corporations, heat corporations, telegraph corporations, telephone corporations, and water corporations for regulatory and tax purposes. An inspection and audit is required to be done at least every 3 years if the utility has over 1,000 customers.
This bill would additionally authorize the commission to inspect and audit the books and records of those utilities in accordance with the commission authorized general rate case cycle, if that cycle provides for a rate case no less frequently than once every five years.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 314.5 of the Public Utilities Code is amended to read:314.5. The commission shall inspect and audit the books and records for regulatory and tax purposes (1) at as follows:(a) At least once every three years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving over 1,000 customers, and (2) at customers or in accordance with the commission authorized general rate case cycle, if that cycle provides for a rate case no less frequently than once every five years.(b) At least once every five years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving 1,000 or fewer customers. An audit conducted in connection with a rate proceeding shall be deemed to fulfill the requirements of this section. The commission shall post reports of the inspections and audits and other pertinent information on its Internet Web site.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 314.5 of the Public Utilities Code is amended to read:314.5. The commission shall inspect and audit the books and records for regulatory and tax purposes (1) at as follows:(a) At least once every three years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving over 1,000 customers, and (2) at customers or in accordance with the commission authorized general rate case cycle, if that cycle provides for a rate case no less frequently than once every five years.(b) At least once every five years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving 1,000 or fewer customers. An audit conducted in connection with a rate proceeding shall be deemed to fulfill the requirements of this section. The commission shall post reports of the inspections and audits and other pertinent information on its Internet Web site.
SECTION 1. Section 314.5 of the Public Utilities Code is amended to read:
### SECTION 1.
314.5. The commission shall inspect and audit the books and records for regulatory and tax purposes (1) at as follows:(a) At least once every three years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving over 1,000 customers, and (2) at customers or in accordance with the commission authorized general rate case cycle, if that cycle provides for a rate case no less frequently than once every five years.(b) At least once every five years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving 1,000 or fewer customers. An audit conducted in connection with a rate proceeding shall be deemed to fulfill the requirements of this section. The commission shall post reports of the inspections and audits and other pertinent information on its Internet Web site.
314.5. The commission shall inspect and audit the books and records for regulatory and tax purposes (1) at as follows:(a) At least once every three years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving over 1,000 customers, and (2) at customers or in accordance with the commission authorized general rate case cycle, if that cycle provides for a rate case no less frequently than once every five years.(b) At least once every five years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving 1,000 or fewer customers. An audit conducted in connection with a rate proceeding shall be deemed to fulfill the requirements of this section. The commission shall post reports of the inspections and audits and other pertinent information on its Internet Web site.
314.5. The commission shall inspect and audit the books and records for regulatory and tax purposes (1) at as follows:(a) At least once every three years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving over 1,000 customers, and (2) at customers or in accordance with the commission authorized general rate case cycle, if that cycle provides for a rate case no less frequently than once every five years.(b) At least once every five years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving 1,000 or fewer customers. An audit conducted in connection with a rate proceeding shall be deemed to fulfill the requirements of this section. The commission shall post reports of the inspections and audits and other pertinent information on its Internet Web site.
314.5. The commission shall inspect and audit the books and records for regulatory and tax purposes (1) at as follows:
(a) At least once every three years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving over 1,000 customers, and (2) at customers or in accordance with the commission authorized general rate case cycle, if that cycle provides for a rate case no less frequently than once every five years.
(b) At least once every five years in the case of every electrical, gas, heat, telegraph, telephone, and water corporation serving 1,000 or fewer customers. An audit conducted in connection with a rate proceeding shall be deemed to fulfill the requirements of this section. The commission shall post reports of the inspections and audits and other pertinent information on its Internet Web site.