AB 1266

ASSEMBLYWOMAN GONZALEZ PROPOSES ACCOUNTABILITY FOR PUBLIC UTILITY EXECUTIVE BONUSES

 

AB 1266 Would Force Utilities to Receive Public Approval for Bonuses After Ratepayers Hit With Billions in New Costs

March 1, 2015 (Sacramento)--California State Assemblywoman Lorena Gonzalez (D-San Diego) introduced Assembly Bill 1266 on Friday to require public utilities to justify executive bonus compensation at a public hearing of the California Public Utilities Commission following any federal safety violation that results in a cost of $5 million or more to ratepayers.


Error message

Local news in the public interest is more important now than ever, during the COVID-19 crisis. Our reporters, as essential workers, are dedicated to keeping you informed, even though we’ve had to cancel fundraising events. Please give the gift of community journalism by donating at https://www.eastcountymedia.org/donate.