SB 1208 Requires Corporations to Disclose Top Retired Executive Compensation
The Corporate Executive Retirement Sunshine Act, SB 1208 (Leno), was approved by the Senate on May 30. Sponsored by the Consumer Federation of California, this bill requires publicly traded corporations to report the amount of money their top five highest paid retired executives receive in retirement compensation. Read More ›
California’s Made-in-USA bill involves small parts, but it’s no small matter
by Dan Walters, Sacramento Bee
…the bill is stalled in the Senate Judiciary Committee due to opposition from the Consumer Federation of California, which says it would create “a vague standard that invites mislabeling,” and Consumer Attorneys of California, which contends that California is best served by having its own, higher standard. Read More ›
California May Be The First State To Require Corporations To Disclose Compensation Paid To Retired Executives
by Keith Paul Bishop, JD Supra
SB 1208 is supported by Alliance of Californians for Community Empowerment; Consumer Federation of California; California Labor Federation; California Nurses Association; California Professional Firefighters; and California School Employees Association. Read More ›
PG&E’s pipeline maintenance should be more thoroughly scrutinized, advocates say
by Mike Taugher, Contra Costa Times
The flaws in PG&E’s high-pressure gas lines that led to the catastrophic explosion in San Bruno in 2010 may lurk elsewhere, and regulators should therefore launch a comprehensive review of the company’s pipeline maintenance, consumer advocates argued in regulatory filings Tuesday. Read More ›
California’s working poor would lose if health reform law dies
by David Lazarus, Los Angeles Times
A bill to create a federally funded Basic Health Plan for about 720,000 low-income residents would go for naught if the Supreme Court tosses out the law. Read More ›
Leno Proposes Publicizing Pension Details for Top Private Sector Execs
by Patch Staff, Patch.com
“Financial commitments made to top corporate executives when they retire are not just one-time payments, they literally continue for a lifetime,” said Richard Holober, executive director of the Consumer Federation of California. Read More ›
Nearly $20 million in PG&E fines OKd by state PUC
by Jaxon Van Derbeken, San Francisco Chronicle
The state Public Utilities Commission unanimously approved a pair of fines Thursday totaling nearly $20 million against Pacific Gas and Electric Co. for failing to check for gas-line leaks in seven East Bay communities and for missing a deadline to turn over pipeline safety records. Read More ›
California Senate moves to regulate Buy Here Pay Here car dealers
by Marc Lifsher, Los Angeles Times
Backers include consumer organizations – including the Center for Responsible Lending, Consumer Federation of California, Consumers for Auto Reliability and Safety, and Consumer Attorneys of California.
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State Senate panel backs bill to deregulate Internet phone service
by Marc Lifsher, Los Angeles Times
“We see this as a withering away and the elimination of PUC regulation over telecommunication,” said Richard Holober, executive director of the Consumer Federation of California. “We think that would be bad public policy.” Read More ›
California may eliminate oversight for VOIP services
by Cyrus Farivar, Ars Technica
Major telecommunications corporations, including AT&T and Verizon, have supported the bill, and would stand to benefit the most from its passage. Read More ›
Voice-over-internet at heart of regulatory debate
by John Howard , Capitol Weekly
Consumers Union, the Consumer Federation of California, AARP California and the California Broadband Policy Network are among the bill’s foes. Read More ›
Fracking Impact On Water Worries Californians
by Ngoc Nguyen, New America Media, California Progress Report
Both types of fracking also inject chemicals with the water, raising concerns about the possible contamination of drinking water sources. The state already has identified many hotspots where groundwater has been tainted with agricultural chemicals, such as nitrates. Read More ›
Vargas’ CARFAX bill rejected
by Michael Gardner, San Diego Union Tribune
Legislation carried by Sen. Juan Vargas that seeks to alter a complex law governing vehicle history reports stalled in a Senate committee Tuesday after more than half of the members did not vote. Read More ›