July 17, 2013

SAN MATEO, CA - Congresswoman Jackie Speier (D-San Francisco/San Mateo) released the following statement about the proposed PG&E gas pipeline penalty and fine pending before the California Public Utilities Commission (CPUC):

“Both safety and the interests of ratepayers would be well-served by the proposal set forth yesterday by the Safety and Enforcement Division of the California Public Utilities Commission.  In a perfect world the entire sum would be directed to safety upgrades, but as a compromise this is a good one.  It’s long past time that this work be done. To the extent that we determine that any portion of this settlement is tax deductible under federal law, I will introduce legislation to eliminate its deductibility in the future.”