Existing law requires every governing board of an air pollution control district or an air quality management district to establish by regulation a system by which all reductions in the emission of air contaminants that are to be used to offset certain future increases in the emission of air contaminants shall be banked prior to use to offset future increases in emissions.

This bill would state the intent of the Legislature to enact legislation to regulate the allocation of air contaminant offsets for the South Coast Air Quality Management District.