2025 – Assembly Bill 23 (DeMaio, Carl), The Cost of Living Reduction Act of 2025 (2-Year)
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Requires California Energy Commission CEC and the California Public Utilities Commission CPUC to post, and update monthly, dashboards on their websites that includes the difference in average gasoline prices and the average total price of electricity or natural gas prices in California compared to national averages, and any California-specific taxes, fees, regulations, and policies that directly or indirectly contribute to those prices. If the average price of gasoline, electricity, or natural gas exceeds 10% of the natural average, the bill requires for 6 months: taxes and fees on gasoline to be suspended; fees on electricity and natural gas to be suspended; and require CARB to suspend the requirements of the Cap-and-Trade program for an oil refinery, electrical corporation, or gas corporation. The bill requires the CEC to develop a rebate methodology to compensate Californians for the higher cost of gasoline, electricity, and natural gas and for the Controller to provide rebates, funded by the Greenhouse Gas Reduction Fund. Was not heard in the Assembly Utilities and Energy Committee.