republic-os/legislation/us/states/ca/20152016/ab-1266.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Electrical and gas corporations: excess compensation.	Under existing law, the Public Utilities Commission has regulatory authority over public utilities, including electrical corporations and gas corporations. Existing law authorizes the commission to fix the rates and charges for every public utility, and requires that those rates and charges be just and reasonable. Existing law requires that any expense resulting from a bonus paid to an executive officer, as defined, of a public utility that has ceased to pay its debts in the ordinary course of business, be borne by the shareholders of the public utility and prohibits any expense from being recovered in rates.	us/states/ca	California Legislature	20152016	AB 1266	California AB 1266 (20152016)	bill	Electrical and gas corporations: excess compensation.	enacted	Gonzalez	7	27	8	2015-02-27	2015-10-08	openstates	ocd-bill/949392cd-1d8b-4c0d-899b-55253362a2af	http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201520160AB1266	4bac38d1b83299ec0724b0209e8878758862ea90302ffa1951643b803290321c	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ca

California AB 1266 (20152016) — Electrical and gas corporations: excess compensation.

Under existing law, the Public Utilities Commission has regulatory authority over public utilities, including electrical corporations and gas corporations. Existing law authorizes the commission to fix the rates and charges for every public utility, and requires that those rates and charges be just and reasonable. Existing law requires that any expense resulting from a bonus paid to an executive officer, as defined, of a public utility that has ceased to pay its debts in the ordinary course of business, be borne by the shareholders of the public utility and prohibits any expense from being recovered in rates.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. 02/27/15 - Introduced (filed) — source
2. 05/04/15 - Amended Assembly (committee substitute) — source
3. 08/31/15 - Amended Senate (committee substitute) — source
4. 09/04/15 - Amended Senate (committee substitute) — source
5. 10/08/15 - Chaptered (committee substitute) — source
6. AB1266 (committee substitute) — source
7. 09/16/15 - Enrolled (enrolled) — source

Votes

• 3rd Reading AB1266 Gonzalez By Hueso — 24–14 (pass) · upper
• AB 1266 GONZALEZ Assembly Third Reading — 48–28 (pass) · lower
• Do pass, but first be re-referred to the Committee on [Appropriations] — 7–3 (pass) · upper
• Do pass as amended and be re-referred to the Committee on [Appropriations] — 10–5 (pass) · lower
• Do pass. — 12–5 (pass) · lower
• Do pass as amended — 5–2 (pass) · upper
• Placed on suspense file — 7–0 (pass) · upper
• AB 1266 GONZALEZ Concurrence in Senate Amendments — 48–30 (pass) · lower

Sponsors

• Gonzalez — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2015-02-27 Introduced. To print. introduction
• 2015-03-01 From printer. May be heard in committee March 31.
• 2015-03-02 Read first time. reading-1
• 2015-03-23 Referred to Com. on U. & C. referral-committee
• 2015-04-30 From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 5.) (April 27). amendment-introduction, committee-passage, amendment-passage
• 2015-05-04 Read second time and amended. amendment-passage, reading-2, reading-1
• 2015-05-05 Re-referred to Com. on APPR. referral-committee
• 2015-05-27 In committee: Set, first hearing. Referred to APPR. suspense file. referral-committee
• 2015-05-28 Joint Rule 62(a), file notice suspended. (Page 1613.)
• 2015-05-28 From committee: Do pass. (Ayes 12. Noes 5.) (May 28). committee-passage-favorable, committee-passage
• 2015-06-01 Read second time. Ordered to third reading. reading-2, reading-1
• 2015-06-03 Read third time. Passed. Ordered to the Senate. (Ayes 48. Noes 28. Page 1858.) reading-3, passage, reading-1
• 2015-06-03 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
• 2015-06-18 Referred to Com. on E., U., & C. referral-committee
• 2015-06-29 In committee: Hearing postponed by committee.
• 2015-07-14 From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 3.) (July 13). Re-referred to Com. on APPR. referral-committee, committee-passage-favorable, committee-passage
• 2015-08-17 In committee: Referred to APPR. suspense file. referral-committee
• 2015-08-27 From committee: Amend, and do pass as amended. (Ayes 5. Noes 2.) (August 27). amendment-introduction, committee-passage, amendment-passage
• 2015-08-31 Read second time and amended. Ordered to third reading. amendment-passage, reading-2, reading-1
• 2015-09-04 Read third time and amended. Ordered to second reading. reading-3, amendment-passage, reading-1
• 2015-09-08 Read second time. Ordered to third reading. reading-2, reading-1
• 2015-09-10 Read third time. Passed. Ordered to the Assembly. (Ayes 24. Noes 14. Page 2704.). reading-3, passage, reading-1
• 2015-09-10 In Assembly. Concurrence in Senate amendments pending.
• 2015-09-11 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 48. Noes 30. Page 3150.). committee-passage-favorable, amendment-passage
• 2015-09-25 Enrolled and presented to the Governor at 2 p.m.
• 2015-10-08 Approved by the Governor. executive-signature
• 2015-10-08 Chaptered by Secretary of State - Chapter 599, Statutes of 2015.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/949392cd-1d8b-4c0d-899b-55253362a2af. Confidence: reported (aggregated from official California legislature records).