California Government Code ARTICLE 9.5 - Ratepayer Relief Fund

• Section 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 manipulation that has...
• Section 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...
• Section 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) “Energy settlement agreement” means any...
• Section 16428.3.
  (a) Any energy settlement agreement entered into by the Attorney General, after reimbursing the Attorney General’s litigation and investigation expenses, to the maximum extent possible, shall...
• Section 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 Department of...
• Section 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...
• Section 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...
• Section 16428.7.
  Nothing in this article affects the allocation of funds from settlements entered into before the effective date of this article.(Added by Stats. 2003, Ch. 228,...

Last modified: October 22, 2018