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Legislation would bar PG&E tax deductions for $1.6 billion penalty in San Bruno explosion

2015-06-27 00:57:16| Energy - Topix.net

PG&E would not be able to harvest a tax windfall from state authorities by taking a tax deduction for a record-setting $1.6 billion penalty because it caused a fatal explosion in San Bruno, under legislation introduced Friday by two Bay Area state lawmakers. In April, the state Public Utilities Commission imposed a $1.6 billion penalty to punish PG&E for its role in the explosion of natural gas, which killed eight and wrecked a quiet San Bruno neighborhood.

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