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AB-1433 Climate Adaptation and Resilience Based on Nature Act.(2017-2018)

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Date Published: 02/17/2017 09:00 PM
AB1433:v99#DOCUMENT


CALIFORNIA LEGISLATURE— 2017–2018 REGULAR SESSION

Assembly Bill No. 1433


Introduced by Assembly Member Wood

February 17, 2017


An act to add Section 16428.96 to the Government Code, relating to greenhouse gases.


LEGISLATIVE COUNSEL'S DIGEST


AB 1433, as introduced, Wood. Climate Adaptation and Resilience Based on Nature Act.
The California Global Warming Solutions Act of 2006 designates the State Air Resources Board as the state agency charged with monitoring and regulating sources of emissions of greenhouse gases. The act authorizes the state board to include the use of market-based compliance mechanisms. Existing law requires all moneys, except for fines and penalties, collected by the state board as part of a market-based compliance mechanism to be deposited in the Greenhouse Gas Reduction Fund and to be available upon appropriation.
This bill would create the Climate Adaptation and Resilience Based on Nature Account in the Greenhouse Gas Reduction Fund and would transfer, beginning in the 2017–18 fiscal year, 20% of the annual proceeds of the fund to the account. The bill would, upon appropriation by the Legislature in the annual Budget Act, make available the moneys in the account to the Wildlife Conservation Board for grants and programs that facilitate actions to protect and improve the resilience of natural systems and to reduce emissions of greenhouse gases.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 This act shall be known, and may be cited, as the Climate Adaptation and Resilience Based on Nature Act.

SEC. 2.

 The Legislature finds and declares all of the following:
(a) Natural lands, including forests, rangeland, and wetlands, are significant carbon sinks.
(b) Our forests and other natural lands provide many vital services that benefit all state residents, including capturing, storing, and delivering the majority of the state’s utilized water, cleaning our air, and providing habitat for our diverse and abundant fish and wildlife, as well as employment for many rural communities. Our forests and other natural areas also offer many beautiful places for recreation and renewal.
(c) A warming climate and shifting precipitation regimes are causing additional stress on these natural systems, exacerbating degradation and impacts from past fragmentation and management, and thereby threatening those carbon stores and other values.
(d) Promoting resilience and adapting to a changing climate is a state priority and will enhance the stability and amount of those carbon stores, improve the reliability of our water supplies, help ensure habitat for fish and wildlife, and support rural resource economies. However, there is no dedicated source of funding for natural resource adaptation efforts.

SEC. 3.

 Section 16428.96 is added to the Government Code, to read:

16428.96.
 (a) The Climate Adaptation and Resilience Based on Nature Account is hereby created in the fund, and moneys in the account shall be available upon appropriation by the Legislature. The account may receive moneys upon appropriation by the Legislature from bonds, settlements, or any other revenue sources.
(b) Beginning in the 2017–18 fiscal year and each fiscal year thereafter, 20 percent of the annual proceeds of the fund are hereby transferred to the Climate Adaptation and Resilience Based on Nature Account.
(c) Appropriations from the Climate Adaptation and Resilience Based on Nature Account shall be made in the annual Budget Act to the Wildlife Conservation Board for grants and programs that facilitate actions to protect and improve the resilience of natural systems and reduce emissions of greenhouse gases.
(d) The Wildlife Conservation Board shall select grants and programs for funding pursuant to this section in collaboration with regional conservancies and other departments, boards, and commissions, where appropriate.
(e) Programs and grants funded by this section shall reduce emissions of greenhouse gases, enhance long-term sequestration, and result in enduring benefits.
(f) In awarding grants, the Wildlife Conservation Board shall give priority to projects that restore and maintain relatively natural habitats, promote climate adaptation in natural systems, and provide multiple ecosystem benefits.