39726.
(a) The department, in consultation with the state board, shall annually identify industry sectors that can reduce their greenhouse gas emissions through the increased use of recycled content or by recovering putrescible materials that would have emitted greenhouse gases if disposed.(b) The eligible industry sectors that the department may identify pursuant to subdivision (a) may include, but are not limited to, all of the following:
(1) Composting and anaerobic digestion.
(2) Recycled container glass manufacturing.
(3) Food processing.
(4) Recycled paper and paperboard manufacturing.
(5) Recycled plastic manufacturing.
(c) Upon identifying the eligible industry sectors pursuant to subdivision (a), the department shall develop a market development program that would provide incentives for those eligible industry sectors to make investments for waste reduction, recycling, composting, and recycled content manufacturing projects that would reduce greenhouse gas emissions.
(d) The department shall implement the market development program by disbursing funds to private or public entities in the form of incentive payments or grants for capital equipment.
(e) The funds disbursed as investments by the department pursuant to subdivision (d) shall not exceed thirty million dollars ($30,000,000) per year.
(f) The department shall give priority, when disbursing funds for investments pursuant to this chapter, to projects benefiting or located within the same disadvantaged communities that are identified by the California Environmental Protection Agency pursuant to Section 39711, for purposes of Chapter 4.1 (commencing with Section 39710). The department shall disburse not less than 25 percent of the funds disbursed pursuant to this chapter for projects benefiting these communities and not less than 10 percent of the funds disbursed pursuant to this chapter shall be allocated for projects located within these communities.