Today's Law As Amended


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AB-2413 Greenhouse Gas Reduction Fund: study: securitization.(2019-2020)



As Amends the Law Today


SECTION 1.
 On or before March 1, 2021, the office of the Treasurer shall, in accordance with Section 9795 of the Government Code, submit to the Legislature a report on the feasibility of securitizing revenues from the Greenhouse Gas Reduction Fund, established pursuant to Section 16428.8 of the Government Code, to spur innovation and reduce emissions of greenhouse gases that will be paid back by future revenues generated by the market-based compliance mechanism authorized by the California Global Warming Solutions Act of 2006 (Division 25.5 (commencing with Section 38500) of the Health and Safety Code).