Bill
SB 567
TO AMEND AND MODERNIZE THE LAW CONCERNING THE APPORTIONMENT OF INCOME DERIVED FROM MULTISTATE OPERATIONS; AND TO CHANGE THE METHOD FOR SOURCING OF RECEIPTS FOR SERVICES AND INTANGIBLES.
2025 Regular Session
Introduced by Rebecca Burkes and 1 co-sponsor
SB 567 allows California to convert up to 250 oil wells into gravity-based energy storage, promoting renewable energy while ensuring environmental safety and community transparency.
Notification that SB567 is now Act 719