ARTICLE 9.5. Ratepayer Relief Fund
Article 9.5 added by Stats. 2003, Ch. 228, Sec. 16.
§§ 16428.1–16428.7 · 8 sections
- § 16428.1 The Legislature finds and declares all of the following: (a) Ratepayers and the state’s economy have been harmed by improper and unfair energy market…
- § 16428.15 (a) The Ratepayer Relief Fund is hereby established in the State Treasury. The purpose of the fund is to benefit electricity and natural gas ratepayers and to…
- § 16428.2 As used in this article, the following terms have the following meanings: (a) “Fund” means the Ratepayer Relief Fund established in Section 16428.1. (b)…
- § 16428.3 (a) Any energy settlement agreement entered into by the Attorney General, after reimbursing the Attorney General’s litigation and investigation expenses, to…
- § 16428.4 All funds recovered on behalf of the Department of Water Resources, after deduction of litigation and investigation expenses, shall be deposited in the…
- § 16428.5 Moneys in the fund shall be expended upon appropriation by the Legislature, for the benefit of ratepayers. Moneys in the fund may be appropriated for the…
- § 16428.6 The Attorney General shall promptly notify the Director of Finance, Senate President pro Tempore, and the Speaker of the Assembly upon agreeing on behalf of…
- § 16428.7 Nothing in this article affects the allocation of funds from settlements entered into before the effective date of this article.