Statute · California Government Code
Cal. Gov't Code § 16428.5 — Ratepayer Relief Fund
Cal. Gov't Code § 16428.5
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2003-08-11
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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 the following purposes:
Citator
Cal. Gov't Code § 16428.5 — Ratepayer Relief Fund is in force in the current edition of the Code, and nothing recorded condemns it.
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 the following purposes:
(a) To finance energy litigation and investigation expenses of state entities.
(b) To reduce rates for customers in the affected service areas of electrical utilities and gas utilities.
(c) To reduce the debt service on bonds issued pursuant to Division 27 (commencing with Section 80000) of the Water Code.