Newsom gets big win: California Senate approves first-of-its-kind 'price gouging' bill

[Carlitos Brigante]

https://www.yahoo.com/news/newsom-gets-big-win-california-182045373.html

California lawmakers voted on Thursday to advance a bill that would penalize oil companies for “price gouging” — a first-of-its-kind legislation pushed forward in recent months by Gov. Gavin Newsom (D).

The SBX1-2 bill, sponsored by state Sen. Nancy Skinner (D), received the approval of the California State Senate in an Extraordinary Session convened to fast-track the legislation on Thursday morning.

The bill could head to the State Assembly as early as Monday and receive the governor’s signature shortly after that, a source familiar with the matter told The Hill.

Newsom commended the state Senate’s “quick action” following the vote, stressing that “for decades, oil companies have gotten away with ripping off California families while making record profits.”

[orleans]

1. this sounds pretty good. wish illinois would follow suit nt

[Hekate]

2. KnR!