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AB-2065 • 2026

Transmission Infrastructure Accelerator: private-public partnership plan.

Transmission Infrastructure Accelerator: private-public partnership plan.

Energy
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Petrie-Norris
Last action
2026-04-23
Official status
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 18. Noes 0.) (April 22). Re-referred to Com. on APPR.
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific details about the development of financing options or partnership facilitation.

Transmission Infrastructure Accelerator: Private-Public Partnership Plan Extension

AB-2065 extends the deadline for submitting a public-private partnership plan to December 1, 2027.

What This Bill Does

  • Extends the deadline for submitting a public-private partnership plan from July 1, 2027, to December 1, 2027.

Who It Names or Affects

  • The Governor’s Office of Business and Economic Development (GO-Biz) and related entities

Terms To Know

Transmission Infrastructure Accelerator
A program that helps develop new ways to finance and build electricity transmission lines.
Public-private partnership
An agreement between a government agency and private companies to work together on projects.

Limits and Unknowns

  • The bill does not provide details about the specific financing options or how partnerships will be formed.
  • Does not change other requirements for the Transmission Infrastructure Accelerator beyond extending the deadline.

Bill History

  1. 2026-04-23 California Legislative Information

    From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 18. Noes 0.) (April 22). Re-referred to Com. on APPR.

  2. 2026-03-09 California Legislative Information

    Referred to Com. on U. & E.

  3. 2026-02-19 California Legislative Information

    From printer. May be heard in committee March 21.

  4. 2026-02-18 California Legislative Information

    Read first time. To print.

Official Summary Text

AB 2065, as introduced, Petrie-Norris.
Transmission Infrastructure Accelerator: private-public partnership plan.
Existing law requires the Energy Unit within the Governor’s Office of Business and Economic Development (GO-Biz), in coordination with certain entities, to establish a Transmission Infrastructure Accelerator (accelerator) and requires the accelerator to, among other things, develop a public-private partnership plan to develop financing options that maximize debt financing to reduce overall capital costs and facilitate public-private partnership development of eligible transmission projects, as defined, to achieve ratepayer savings. Existing law requires the accelerator to submit its public-private partnership plan to the Legislature on or before July 1, 2027.
This bill would extend the deadline to submit that plan to December 1, 2027.

Current Bill Text

Read the full stored bill text 
Download Bill PDF