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SB-1245 • 2026

Petroleum : report.

Petroleum : report.

Energy Taxes
Passed Legislature

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

Sponsor
Stern
Last action
2026-04-17
Official status
Set for hearing April 27.
Effective date
Not listed

Plain English Breakdown

The bill expresses legislative intent but does not create specific laws or regulations regarding cost containment or integration of renewable energy resources.

Petroleum Report Requirements

This law changes when a report about California's petroleum market must be given to state officials.

What This Bill Does

  • Changes the deadline for an annual report from the Division of Petroleum Market Oversight to July 1 each year.

Who It Names or Affects

  • The Division of Petroleum Market Oversight in California
  • State officials like the Governor and Attorney General who receive these reports

Terms To Know

Division of Petroleum Market Oversight
A part of the State Energy Resources Conservation and Development Commission that watches over the transportation fuels market to protect consumers.
Renewable energy resources
Energy sources like wind, solar, or hydroelectric power that are naturally replenished and have a low environmental impact.

Limits and Unknowns

  • The bill does not specify what happens if the report is submitted late.
  • It only expresses intent for future laws without creating them now.

Bill History

  1. 2026-04-17 California Legislative Information

    Set for hearing April 27.

  2. 2026-04-14 California Legislative Information

    From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 17. Noes 0.) (April 13). Re-referred to Com. on APPR.

  3. 2026-04-09 California Legislative Information

    Set for hearing April 13.

  4. 2026-04-08 California Legislative Information

    Re-referred to Com. on E., U & C.

  5. 2026-03-25 California Legislative Information

    From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.

  6. 2026-03-04 California Legislative Information

    Referred to Com. on RLS.

  7. 2026-02-20 California Legislative Information

    From printer. May be acted upon on or after March 22.

  8. 2026-02-19 California Legislative Information

    Introduced. Read first time. To Com. on RLS. for assignment. To print.

Official Summary Text

SB 1245, as amended, Stern.
Renewable energy resources: electrical transmission and distribution grid.
Petroleum : report.
Existing law establishes the Division of Petroleum Market Oversight in the State Energy Resources Conservation and Development Commission to, among other things, provide independent oversight and analysis of the transportation fuels market for the protection of consumers by identifying market design flaws, market power abuses, and any other manner by which market participants act to harm competition or act contrary to the best interests of the consumers in the state. Existing law requires the division to report its findings and recommendations to improve market performance, at least annually, to the Legislature, the Governor, the commission, the Attorney General, and the California Department of Tax and Fee Administration.
This bill would make the annual report
due on or before July 1 of each year.
Existing law, the Accelerating Renewable Energy Delivery Act, declares that the Public Utilities Commission, the State Energy Resources Conservation and Development Commission, and the State Air Resources Board have jointly estimated that the state’s installed electric generation may need a threefold increase in capacity to meet state carbon-free electricity policy targets. The act further declares that it is the policy of the state that planning for new transmission facilities consider specified goals, including increasing systemwide reliability and cost efficiency and eliminating transmission constraints that prevent electrical generation resources from delivering to the wider electrical grid, as provided.
This bill would express the intent of the Legislature to enact subsequent legislation to address cost containment, affordability, and the
continued integration of renewable energy resources into the electrical transmission and distribution grid.

Current Bill Text

Read the full stored bill text 
Download Bill PDF