California Public Utilities Code

§ 3299.3

PUC § 3299.3 Effective Sep 19, 2025Div. 1 · Part 6 · Ch. 5

Statute text

(a)(1) If the commission imposes a nonbypassable charge pursuant to Section 3299.2, each large electrical corporation shall provide to the administrator for deposit into the account its annual contribution, as determined pursuant to paragraph (2), by January 1 of each year from calendar year 2029 to 2045, inclusive, except, if the commission’s decision to impose the nonbypassable charge was made on or after January 1, 2029, the annual contribution for calendar year 2029 shall be made within 90 days of the commission’s decision.

(2)The aggregate total of the annual contributions from the large electrical corporations for each year shall be three hundred million dollars ($300,000,000) and shall be allocated as follows:

(A)47.85 percent for Pacific Gas and Electric Company.

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Legislative history

Added by Stats. 2025, Ch. 119, Sec. 46. (SB 254) Effective September 19, 2025. Conditionally inoperative pursuant to Sections 3299 and 3299.20. Repealed as of January 1 following inoperative date.