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Bills

SB 1245: Petroleum : report.

  • Session Year: 2025-2026
  • House: Senate
  • Latest Version Date: 2026-03-25

Current Status:

In Progress

(2026-04-30: Read third time. Passed. (Ayes 36. Noes 0.) Ordered to the Assembly.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Enacted

Version:

Existing law establishes the Division of Petroleum Market Oversight in the State Energy Resources Conservation and Development Commission to, among other things, provide independent oversight and analysis of the transportation fuels market for the protection of consumers by identifying market design flaws, market power abuses, and any other manner by which market participants act to harm competition or act contrary to the best interests of the consumers in the state. Existing law requires the division to report its findings and recommendations to improve market performance, at least annually, to the Legislature, the Governor, the commission, the Attorney General, and the California Department of Tax and Fee Administration.

This bill would make the annual report due on or before July 1 of each year.

Existing law, the Accelerating Renewable Energy Delivery Act, declares that the Public Utilities Commission, the State Energy Resources Conservation and Development Commission, and the State Air Resources Board have jointly estimated that the states installed electric generation may need a threefold increase in capacity to meet state carbon-free electricity policy targets. The act further declares that it is the policy of the state that planning for new transmission facilities consider specified goals, including increasing systemwide reliability and cost efficiency and eliminating transmission constraints that prevent electrical generation resources from delivering to the wider electrical grid, as provided.This bill would express the intent of the Legislature to enact subsequent legislation to address cost containment, affordability, and the continued integration of renewable energy resources into the electrical transmission and distribution grid.

News Coverage:

SB 1245: Petroleum : report. | Digital Democracy