AB-1167

This bill prohibits electrical and gas corporations from recovering from ratepayers any expenses related to political influence activities or promotional advertising and requires them to clearly disclose whether advertising costs are paid by shareholders or ratepayers. It mandates that corporations submit annual reports to the Public Utilities Commission detailing expenses tied to political or promotional activities, with reports made public and confidential information redacted as needed. The bill also directs the Commission to impose civil penalties for violations and includes findings required under constitutional provisions to justify any limitations on public access to information.