Under existing law, certain privately owned sewer and wastewater systems are subject to the regulatory jurisdiction of the Public Service Commission. This bill would allow privately owned sewer and wastewater systems affiliated with such regulated systems to elect to become subject to the regulatory jurisdiction of the Public Service Commission, except when prohibited by a local constitutional amendment. This bill would also provide procedures for such election. This bill would provide for the capital expenditures and operating expenses of affiliated wastewater and sewer systems under Public Service Commission jurisdiction to be combined to determine a single rate structure and rates for all customers of such affiliated entities, unless adjustments are necessary due to pre-existing obligations or other circumstances unique to a particular service area.