California § 91540. 91540. (Added by Stats. 2024, Ch. 83, Sec. 2.)

California Statutes

§ 91540. — 91540. (Added by Stats. 2024, Ch. 83, Sec. 2.)

California § 91540.

Code PRCPublic Resources Code - PRC

Div. 50.DIVISION 50. SAFE DRINKING WATER, WILDFIRE PREVENTION, DROUGHT PREPAREDNESS, AND CLEAN AIR BOND ACT of 2024

Ch. 3.CHAPTER 3. Wildfire and Forest Resilience

This text of California § 91540. (91540. (Added by Stats. 2024, Ch. 83, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Public Resources Code - PRC Code § 91540. (2026).

Text

(a)Of the funds made available by Section 91500, thirty-five million dollars ($35,000,000) shall be available, upon appropriation by the Legislature, for uses to reduce wildfire risk related to electricity transmission.

(b)The proportion of any asset funded pursuant to this section shall be funded without return on equity for the lifetime of the proportion of that asset that would have otherwise been borne by ratepayers.

(c)The proportion of any projects funded pursuant to this section shall be excluded from the ratebase, and no costs may be collected from ratepayers.

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(a)
Of the funds made available by Section 91500, thirty-five million dollars ($35,000,000) shall be available, upon appropriation by the Legislature, for uses to reduce wildfire risk related to electricity transmission.
(b)
The proportion of any asset funded pursuant to this section shall be funded without return on equity for the lifetime of the proportion of that asset that would have otherwise been borne by ratepayers.
(c)
The proportion of any projects funded pursuant to this section shall be excluded from the ratebase, and no costs may be collected from ratepayers.

Legislative History

Added by Stats. 2024, Ch. 83, Sec. 2. (SB 867) Approved in Proposition 4 at the November 5, 2024, election. Effective November 6, 2024.

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Bluebook (online)

California § 91540., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PRC/91540..