Public utilities: merger, acquisition, or control of electrical or gas corporations.
(1) Under existing law, the Public Utilities Commission has regulatory authority over public utilities, including electrical corporations and gas corporations. Existing law prohibits a public utility, other than certain common carriers, from selling, leasing, assigning, mortgaging, or otherwise disposing of, or encumbering its assets that are necessary or useful in the performance of its duties to the public by any means with any other public utility, unless the public utility has secured an order from the commission to do so for a qualified transaction above $5,000,000 or an approval from the commission through the filing of an advice letter for a qualified transaction at or below $5,000,000.
California SB 550 (20192020) — Public utilities: merger, acquisition, or control of electrical or gas corporations.
(1) Under existing law, the Public Utilities Commission has regulatory authority over public utilities, including electrical corporations and gas corporations. Existing law prohibits a public utility, other than certain common carriers, from selling, leasing, assigning, mortgaging, or otherwise disposing of, or encumbering its assets that are necessary or useful in the performance of its duties to the public by any means with any other public utility, unless the public utility has secured an order from the commission to do so for a qualified transaction above $5,000,000 or an approval from the commission through the filing of an advice letter for a qualified transaction at or below $5,000,000.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
That the Assembly amendments be concurred in — 11–0 (pass) · upper
Unfinished Business SB550 Hill et al. Concurrence — 39–1 (pass) · upper
Do pass as amended and be re-referred to the Committee on [Appropriations] — 14–0 (pass) · lower
3rd Reading — 34–3 (pass) · upper
Placed on suspense file — 5–0 (pass) · upper
SB 550 Hill Senate Third Reading By Holden — 79–0 (pass) · lower
Do pass. — 17–0 (pass) · lower
Do pass, but first be re-referred to the Committee on [Appropriations] — 12–1 (pass) · upper
Do pass — 4–1 (pass) · upper
Sponsors
Hill — primary (person)
Rubio — coauthor (person)
Timeline
The legislative action history — every referral, reading, and vote.
2019-02-22 Introduced. To Com. on RLS. for assignment. To print. introduction
2019-02-25 From printer. May be acted upon on or after March 27.
2019-02-25 Read first time. reading-1
2019-03-07 Referred to Com. on E., U. & C. referral-committee
2019-04-02 From committee with author's amendments. Read second time and amended. Re-referred to Com. on E., U. & C. reading-1, reading-2, amendment-passage, committee-passage, referral-committee
2019-04-03 Set for hearing April 24.
2019-04-24 From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 1. Page 842.) (April 24). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
2019-04-30 Set for hearing May 6.
2019-05-06 May 6 hearing: Placed on APPR. suspense file.
2019-05-10 Set for hearing May 16.
2019-05-16 From committee: Do pass. (Ayes 4. Noes 1. Page 1102.) (May 16). committee-passage-favorable, committee-passage
2019-05-16 Read second time. Ordered to third reading. reading-1, reading-2
2019-05-21 Read third time. Passed. (Ayes 34. Noes 3. Page 1189.) Ordered to the Assembly. passage, reading-3, reading-1
2019-05-22 In Assembly. Read first time. Held at Desk. reading-1
2019-05-30 Referred to Com. on U. & E. referral-committee
2019-08-12 From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 14. Noes 0.) (July 10). committee-passage-favorable, committee-passage, amendment-passage
2019-08-12 (Received at desk July 17 pursuant to JR 61(a)(10)).
2019-08-13 Read second time and amended. Re-referred to Com. on APPR. reading-1, reading-2, amendment-passage, referral-committee
2019-08-21 From committee: Do pass. (Ayes 17. Noes 0.) (August 21). committee-passage-favorable, committee-passage
2019-08-22 Read second time. Ordered to third reading. reading-1, reading-2
2019-09-06 Read third time and amended. amendment-passage, reading-3, reading-1
2019-09-06 Ordered to third reading.
2019-09-10 Read third time. Passed. (Ayes 79. Noes 0. Page 3256.) Ordered to the Senate. passage, reading-3, reading-1
2019-09-10 In Senate. Concurrence in Assembly amendments pending.
2019-09-11 Re-referred to Com. on RLS. pursuant to Senate Rule 29.10(d). referral-committee
2019-09-11 From committee: Be re-referred to Com. on E., U. & C. pursuant to Senate Rule 29.10(d). (Ayes 5. Noes 0. Page 2822.) Re-referred to Com. on E., U. & C. committee-passage, referral-committee
2019-09-11 Set for hearing September 12.
2019-09-12 From committee: That the Assembly amendments be concurred in. (Ayes 11. Noes 0. Page 2908.) committee-passage
2019-09-13 Assembly amendments concurred in. (Ayes 39. Noes 1. Page 2929.) Ordered to engrossing and enrolling. amendment-passage, committee-passage-favorable
2019-09-20 Enrolled and presented to the Governor at 10 a.m.
2019-10-02 Approved by the Governor. executive-signature
2019-10-02 Chaptered by Secretary of State. Chapter 409, Statutes of 2019.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/4b3c5828-e040-49d5-b7ab-0d5192a81afd. Confidence: reported (aggregated from official California legislature records).