Today's Law As Amended

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AB-2842 Wood products.(2017-2018)



SECTION 1.
 The Legislature hereby finds and declares that the state lacks adequate sawmill and manufacturing capacity to process timber from tree mortality and forest management projects into wood products and that increasing the capacity for in-state processing and manufacturing of timber into wood products will help reduce the risk and intensity of wildfires, create additional jobs, and reduce greenhouse gas emissions associated with shipping timber out of state for further processing.

SEC. 2.

 Article 10 (commencing with Section 4630) is added to Chapter 8 of Part 2 of Division 4 of the Public Resources Code, to read:

Article  10. California Wood Innovations Small Grants Program
4630.
 (a) The department shall develop the California Wood Innovations Small Grants Program to provide grants and low-interest loans or loan guarantees, upon appropriation by the Legislature for these purposes, to entities that expand the use of wood products and increase in-state wood product processing and manufacturing for projects to improve forest health and reduce greenhouse gas emissions.
(b) Up to twenty million dollars ($20,000,000) may be available, upon appropriation, from the Greenhouse Gas Reduction Fund, created pursuant to Section 16428.8 of the Government Code, to the Governor’s Office of Business and Economic Development, for purposes of reducing greenhouse gas emissions by providing grants, loans, and loan guarantees for projects, approved by the department and the State Air Resources Board, that add capacity for the in-state processing and production of wood products from forest and vegetation management activities that are intended to reduce the risk and intensity of wildfires.
(c) Projects eligible for grant funding pursuant to this section include, but are not limited to, research, development, and demonstration projects.
(d) Projects eligible for low-interest loans and loan guarantees pursuant to this section include, but are not limited to, facility creation or expansion and equipment procurement projects.