Los Angeles CA (SPX) May 11, 2024
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In a rapid response to public outcry and mounting pressure, California lawmakers have taken decisive action to amend Assembly Bill 1999 (AB 1999), aiming to cap the controversial Big Utility Tax. This legislative effort follows closely on the heels of the California Public Utilities Commission's (CPUC) decision to impose a $24/month Utility Tax starting in 2026, which would affect approximately