Governor Brown Signs Bonta Bills To Protect State Consumers
(Sacramento, CA) – Assemblymember Rob Bonta (D-Oakland) is proud to announce that Governor Brown signed two of his bills today. AB 408 levels the playing field for EBMUD and SMUD ratepayers by eliminating the costs of unnecessary board elections.
Bonta explained, “Most local governmental entities, including cities, regional park districts, school districts, and special districts have the ability to use an appointment process in lieu of an election when candidates are unopposed. The enabling act for municipal utility districts, however, does not allow for the appointment of uncontested candidates to the board. This has been a continuing problem for many years, but the issue is particularly perplexing and costly today as election costs are rising and being passed on to the consumer.
“Since 2002, EMBUD has paid over $1.7 million in election costs for uncontested board seats. AB 408 would authorize an appointment process in order to avoid such costly elections. I’m very happy that Governor Brown signed this important and practical piece of legislation.”
AB 1282, also signed by the Governor today, modernizes the assessment schedule governing the regulatory fees paid by credit unions in California. “By revising the state charter assessment schedule, which hasn’t been updated since 1998, AB 1282 narrows the gap between the federal and state assessments, giving DFI a fighting chance to remain an attractive option for credit unions,” concluded Bonta.
Contact: Amy Alley, (916) 319-2018