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Enron Mail |
The Governor signed SBX2 85 (Burton) into law today. The measure prohibits
the CPUC from raising rates for residential and small businesses upon termination of the 10 percent rate freeze if the rate hike is solely the result of the rate freeze ending. There is some confusion as to when the bill takes effect because the Assembly never adjourned the Second Extraordinary Session. In a special session, bills take effect 90 days upon adjournment of session.
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