Plain English Breakdown
The official text states 'as introduced' and does not confirm if amendments were made before final passage.
AB-41: Public Disclosure of Gas Price Impact Estimates
This law requires the State Air Resources Board to publish estimates showing how new rules for gasoline companies might change gas prices at stores.
What This Bill Does
- Requires the State Air Resources Board to consult with the State Energy Resources Conservation and Development Commission before changing certain rules that cost money.
- Mandates that the board creates an estimate of how a rule will affect retail gasoline prices if it costs refiners, distributors, or retailers money.
- Orders the board to post these price impact estimates on its official website for public viewing.
- Requires the estimate to include a maximum possible cost scenario where all expenses are passed directly to consumers.
Who It Names or Affects
- The State Air Resources Board
- Gasoline refiners, distributors, and retailers in California
Terms To Know
- State Air Resources Board
- The state agency responsible for creating air quality rules.
- Retail gasoline prices
- The cost of fuel that customers pay at gas stations.
Limits and Unknowns
- The bill only applies to regulations that impose costs on the gasoline industry.
- The text does not specify a date when this law will take effect.