BILL ANALYSIS                                                                                                                                                                                                    Ó



                                                                  AB 1023
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          Date of Hearing:   May 15, 2013

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                  Mike Gatto, Chair

                     AB 1023 (Eggman) - As Amended:  May 8, 2013 

          Policy Committee:                              Natural  
          ResourcesVote:6-3

          Urgency:     No                   State Mandated Local Program:  
          Reimbursable:

           SUMMARY  

          This bill establishes the Greenhouse Gas Reduction through  
          Recycling, Composting, and Recycled Content Manufacturing  
          Program (Program).  Specifically this bill:  

          1)Requires CalRecycle, in coordination with ARB, to provide  
            incentives or grants for waste reduction, recycling,  
            composting, and recycled content manufacturing projects that  
            reduce GHG emissions in the state, and identify industry  
            sectors that could reduce their GHG emissions through this  
            grant program.   

          2)Specifies that the industry sectors CalRecycle may identify  
            include, but are not limited to: 

               a) Composting and anaerobic digestion. 
               b) Recycled container glass manufacturing. 
               c) Food processing. 
               d) Recycled paper and paperboard packaging.
              e) Recycled plastic manufacturing.

          3)Requires CalRecycle to develop a market development program to  
            provide incentives for waste reduction, recycling, composting,  
            and recycled content manufacturing projects that would reduce  
            GHG emissions.  

          4)Requires CalRecycle to give priority to projects benefitting  
            disadvantaged communities, as identified by ARB.   Requires  
            that 25% of funds allocated be disbursed for projects that  
            benefit these communities and that 10% be disbursed for  
            projects located within these communities.  








                                                                  AB 1023
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          5)Limits available funds to $30 million from cap-and-trade  
            proceeds annually, upon appropriation by the Legislature.  

           FISCAL EFFECT  

          Cost pressures of up to $30 million per year from the Greenhouse  
          Gas Reduction Fund (cap-and-trade-revenues), for grants and  
          administration.

           


          COMMENTS

          1)Purpose.   According to the author, this bill allocates AB 32  
            cap-and-trade auction proceeds to fund recycling, organics  
            processing, and recycled content manufacturing projects that  
            reduce GHG emissions.  

           2)Background.   AB 32 (Núñez), Chapter 455, Statutes of 2006)  
            requires California to limit its emissions of GHGs so that, by  
            2020, those emissions are equal to what they were in 1990.

            The stated goal of the ARB in the AB 32 scoping plan, was to  
            achieve 20% of the necessary reductions from a cap-and-trade  
            market in which regulated emissions sources buy and sell  
            credits that give the holder the right to emit a quantity of  
            GHGs.

            The 2012-13 Budget Act authorized the Department of Finance  
            (DOF) to allocate at least $500 million from cap-and-trade  
            revenue, and make commensurate reductions to General Fund  
            expenditure authority, to support the regulatory purposes of  
            AB 32.  

            To date, proceeds from the initial two auctions have raised  
          approximately $139 million. 




           Analysis Prepared by  :    Jennifer Galehouse / APPR. / (916)  
          319-2081 









                                                                  AB 1023
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