Signed by Governor Gavin Newsom

Vote Smart's Synopsis:

Vote to concur with Senate amendments and pass a bill that amends turnaround and maintenance costs related to transportation fuels and inventories in California.

Highlights:

• Authorizes the Energy Commission to develop and impose a minimum inventory requirement of transportation fuels to a refiner (Sec. 2).

• Prohibits the Energy Commission from applying a minimum inventory requirement of transportation fuels to a refiner that would be met only by the construction of additional storage infrastructure (Sec. 2).

• Specifies an administrative civil penalty between $100,000 and $1 million for each day that a refiner does not comply with minimum inventory requirements of transportation fuels (Sec. 3).

Full Bill Text

Vote Smart's Synopsis:

Vote to amend and pass a bill that amends turnaround and maintenance costs related to transportation fuels and inventories in California.

Highlights:

• Authorizes the Energy Commission to develop and impose a minimum inventory requirement of transportation fuels to a refiner (Sec. 2).

• Prohibits the Energy Commission from applying a minimum inventory requirement of transportation fuels to a refiner that would be met only by the construction of additional storage infrastructure (Sec. 2).

• Specifies an administrative civil penalty between $100,000 and $1 million for each day that a refiner does not comply with minimum inventory requirements of transportation fuels (Sec. 3).

Full Bill Text