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

Support community news in the public interest! As nonprofit news, we rely on donations from the public to fund our reporting -- not special interests. Please donate to sustain East County Magazine's local reporting and/or wildfire alerts at https://www.eastcountymedia.org/donate to help us keep people safe and informed across our region.