California SB1366 mandates the Public Utilities Commission to comply with the California Prompt Payment Act and report annually on invoice disputes.

California SB1366 requires the Public Utilities Commission to comply with the California Prompt Payment Act, ensuring timely payments and advance payments to eligible entities. The commission must submit an annual report to the Legislature detailing invoice disputes, late payments, and steps taken to mitigate cash flow barriers. The commission is also directed to avoid structuring procurement or payment terms that unreasonably restrict participation by small businesses, nonprofit organizations, community-based organizations, or certified suppliers.

California SB1366 mandates the Public Utilities Commission to comply with the California Prompt Payment Act and report annually on invoice disputes.

California SB1366 requires the Public Utilities Commission to comply with the California Prompt Payment Act, ensuring timely payments and advance payments to eligible entities. The commission must submit an annual report to the Legislature detailing invoice disputes, late payments, and steps taken to mitigate cash flow barriers. The commission is also directed to avoid structuring procurement or payment terms that unreasonably restrict participation by small businesses, nonprofit organizations, community-based organizations, or certified suppliers.