38573.
If the state board allows the use of market-based compliance mechanisms pursuant to Section 38570, and that use results in the state receiving revenues from the distribution of allowances, the state board may establish a fund, and deposit a portion of these revenues for expenditure on communities experiencing increased exposure to air pollutants to the extent that the state board establishes that the increased exposure to air pollutants is caused by the implementation of the market-based compliance mechanism regulation. Moneys shall be transferred to communities, upon appropriation by the Legislature, and shall be used solely for environmental remediation and to ensure that greenhouse gas emission reduction measures complement efforts to reduce air pollution and toxic air contaminants as required by this division.