Public Utilities Code section 99266

No moneys may be allocated to an operator whose claim includes funds for an increase in operating budget in excess of 15 percent above the preceding year or substantial increase or decrease in scope of operations or capital budget provisions for major new fixed facilities, unless the operator’s claim is accompanied by statements, reports, and such other supporting data as may be reasonably required to substantiate such change.

Source: Section 99266, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=PUC§ionNum=99266.­ (updated Jan. 1, 1972; accessed Sep. 15, 2025).

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Verified:
Sep. 15, 2025

§ 99266's source at ca​.gov