State Senator Jerry Hill Issues Statement on the Signing of SB 550

October 02, 2019

For Immediate Release – State Senator Jerry Hill – October 2, 2019
Media Contact: Leslie Guevarra, leslie.guevarra@sen.ca.gov, 415-298-3404

 

State Senator Jerry Hill Issues Statement on the Signing of SB 550

SACRAMENTO – “Governor Newsom recognizes that safety is a fundamental requirement for the utilities that serve California, as his signing of 22 bills that build on his Strike Force report shows. I am grateful for the Governor’s and the Legislature’s support of my SB 550. Safety must be integral to any merger, acquisition or change of control involving major electric or gas companies; and in sales of public utility assets, the impacts to ratepayers and the workforce must be considered as well. SB 550 ensures that these essential factors are not sidelined in transactions involving California’s public utilities.”

– State Senator Jerry Hill, D-San Mateo and Santa Clara Counties.

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