Bill > AB23

This bill, the Cost of Living Reduction Act of 2025, aims to reduce living expenses in California through several key provisions. The bill requires the Energy Commission and Public Utilities Commission (PUC) to create monthly online dashboards comparing California's energy prices to national averages and identifying specific taxes, fees, and regulations contributing to higher costs. If gasoline, electricity, or natural gas prices exceed the national average by more than 10%, the bill mandates a six-month suspension of related state taxes, fees, and cap-and-trade program requirements for oil refineries, electrical, and gas corporations. Additionally, the bill establishes a Cost of Living Reduction Fund that will provide rebates of up to $2,500 to households earning $120,000 or less (for married couples) or $65,000 or less (for single individuals) when energy prices are significantly higher than the national average. The bill also prohibits the PUC and local publicly owned electric utilities from adopting or expanding fixed charges on electricity bills after January 1, 2026. Furthermore, the Little Hoover Commission is required to study and report on the effectiveness of these cost-reduction measures and explore potential applications to other areas like homeowners' insurance, housing, and healthcare by January 1, 2027.

Transportation and Infrastructure

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB23