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AB-1555 Greenhouse Gas Reduction Fund.(2015-2016)

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AB1555:v98#DOCUMENT

Amended  IN  Assembly  March 28, 2016

CALIFORNIA LEGISLATURE— 2015–2016 REGULAR SESSION

Assembly Bill No. 1555


Introduced by Assembly Member Gomez

January 04, 2016


An act relating to greenhouse gases. gases, and making an appropriation therefor.


LEGISLATIVE COUNSEL'S DIGEST


AB 1555, as amended, Gomez. Greenhouse Gas Reduction Fund.
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 state board is required to adopt a statewide greenhouse gas emissions limit equivalent to the statewide greenhouse gas emissions level in 1990 to be achieved by 2020. 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 from the auction or sale of allowances 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 state the intent of the Legislature to enact future legislation that would appropriate $1,700,000,000 $800,000,000 from the Greenhouse Gas Reduction Fund for the 2015–16 2016–17 fiscal year that would be allocated to different entities to various state agencies in specified amounts to be determined in the future legislation for various purposes including including, among other things, low carbon transportation and infrastructure, clean energy communities, and community climate improvements, wetland and watershed restoration, and carbon sequestration. The bill would state the intent of the Legislature to reserve $150,000,000 from the fund to fund future legislative priorities.
Vote: MAJORITY   Appropriation: NOYES   Fiscal Committee: NOYES   Local Program: NO  

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


SECTION 1.

 It is the intent of the Legislature to enact future legislation that would appropriate one billion seven hundred million dollars ($1,700,000,000) (a) For the 2016–17 fiscal year, eight hundred million dollars ($800,000,000) from the Greenhouse Gas Reduction Fund, created pursuant to Section 16428.8 of the Government Code, to be allocated, in amounts to be determined in that future legislation is hereby appropriated as follows:

(a)For

(1) To the State Air Resources Board for low carbon transportation and infrastructure, as follows:

(1)

(A) The amount of ____ dollars ($____) to the California Air Resources Board two hundred ninety million dollars ($290,000,000) for low carbon transportation and infrastructure programs.

(2)

(B) The amount of ____ dollars ($____) ten million dollars ($10,000,000) for Active Transportation active transportation and transit pass investments.

(b)

(2) For clean energy communities, as follows:

(1)

(A) The amount of ____ dollars ($____) one hundred million dollars ($100,000,000) to the Community Service Department of Community Services and Development and the California Conservation Corps for weatherization and low-income solar rooftop programs, with at least ____ dollars ($____) of those moneys for integrated solarization and weatherization programs or projects in disadvantaged communities.

(2)

(B) The amount of ____ dollars ($____) one hundred million dollars ($100,000,000) to the California State Energy Resources Conservation and Development Commission and the Department of Water Resources for equipment and other replacement programs, including turf and toilet replacement.

(3)

(C) The amount of ____ dollars ($____) ten million dollars ($10,000,000) to the Department of Water Resources for energy efficient ground water pump replacement grant programs.

(4)The amount of ____ dollars ($____) to develop low-carbon microgrids for public buildings and universities.

(5)

(D) The amount of ____ dollars ($____) five million dollars ($5,000,000) to the Department of Food and Agriculture, and the amount of ____ dollars ($____) fifteen million dollars ($15,000,000) to CalRecycle, the Department of Resources Recycling and Recovery, to provide incentive programs for waste diversion, biogas development, and compost programs, including grants to agriculture and urban waste organic diversion facilities.

(6)

(E) The amount of ____ dollars ($____) ten million dollars ($10,000,000) to the Department of Food and Agriculture for on-farm energy and water efficiency programs.

(c)For community climate improvements, wetland and watershed restoration, and carbon sequestration, as follows:

(1)

(3) The amount of ____ dollars ($____) one hundred million dollars ($100,000,000) to the Department of Fish and Wildlife for wetland development, rehabilitation, and enhancement.

(2)The amount of ____ dollars ($____) to the Wildlife Conservation Board for allocation to state and regional conservancies for watershed restoration.

(4) The amount of eighty-five million dollars ($85,000,000) to the California Coastal Conservancy for wetland and watershed restoration, and carbon sequestration.

(3)

(5) The amount of ____ dollars ($____) fifteen millions dollars ($15,000,000) to the Natural Resources Agency for riparian and revegetation programs.

(4)

(6) The amount of ____ dollars ($____) twenty-five million dollars ($25,000,000) to the Natural Resources Agency for local-climate-beneficial projects for urban greening, urban canopies, urban brownfield conversion, and other related projects.

(5)

(7) The amount of ____ dollars ($____) ten million dollars ($10,000,000) to the Natural Resources Agency for agricultural and rangeland carbon sequestration programs.

(6)

(8) The amount of ____ dollars ($____) twenty-five million dollars ($25,000,000) to the Department of Forestry and Fire Protection for urban forestry.

(d)For opportunity investments in amounts to be determined.

(b) It is the intent of the Legislature to set aside and reserve one hundred fifty million dollars ($150,000,000) to fund future legislative priorities.