The president of the California Public Utilities Commission would be required next year to step down from two nonprofits created by the commission under legislation that passed the state Assembly on Wednesday, a provision created amid criticism that the nonprofits could be used to shroud how money is spent.
Lawmakers passed the compromise as part of a larger budget-related bill. The two chambers had passed earlier versions of the PUC provision that didn’t agree on when it should be implemented.
PUC President Michael Peevey is chairman of two nonprofits created by the agency, which work on clean-energy projects and Internet access. Under the legislation, he could not serve in those roles starting in June 2014.
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