BILL ANALYSIS                                                                                                                                                                                                    Ó



                                                                  AB 1970
                                                                  Page  1

          Date of Hearing:   May 7, 2014

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                  Mike Gatto, Chair

                   AB 1970 (Gordon) - As Amended:  April 10, 2014 

          Policy Committee:                              Natural  
          ResourcesVote:6-1
                        Local Government                      8-0     

          Urgency:     No                   State Mandated Local Program:  
          Yes    Reimbursable:              No

           SUMMARY  

          This bill establishes the Community Investment and Innovation  
          Program (CIIP) to provide grants and other financial assistance  
          to eligible local government recipients for the purpose of  
          developing and implementing local greenhouse gas emissions (GHG)  
          reduction projects.   Specifically, this bill:

          1)Provides money shall be available from the Greenhouse Gas  
            Reduction Fund for this program, upon appropriation by the  
            Legislature.  

          2)Requires the Strategic Growth Council (SGW), in consultation  
            with the California Air Resources Board (ARB), to establish  
            and administer the CIIP to provide local assistance grants and  
            other financial assistance to eligible recipients for the  
            purposes of developing and implementing GHG emissions  
            reduction projects in the state.

          3)Defines eligible recipients for purposes of the bill to mean  
            "a city, county, city and county, charter city, charter  
            county, district, special district, or a collection of cities,  
            counties, districts or special districts, including but not  
            limited to a regional energy network."

          4)Requires SGW, in consultation with ARB, to develop guidelines  
            for the project implementation as specified. 

          5)Requires ARB and the Strategic Growth Council (SGC), to give  
            priority to projects that demonstrate specified  
            characteristics.








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           FISCAL EFFECT  

          1)Cost pressure of an unknown amount, potentially in the tens of  
            millions of dollars annually, to fund the CCIP (GHG Reduction  
            Fund).

          2)Costs for the SGC to develop guidelines and implement the  
            program in the hundreds of thousands of dollars range. 

          3)Costs to the ARB in the tens of thousands of dollars annually  
            to assist in the development of guidelines and awarding of  
            local grants.

           
          COMMENTS  

           1)Rationale.    According to the author, local and regional GHG  
            reduction projects that would achieve a portion of the state's  
            GHG emission reduction targets lack funding.  Without 
            AB 970, local-scale and regional-scale emission reduction  
            initiatives are not likely to be undertaken.

            AB 1970 provides local governments with access to the  
            cap-and-trade auction revenue and will allow local governments  
            to serve as a delivery tool for projects that will help the  
            state reach its GHG reduction goals set forth in AB 32.

           2)Background.   The California Global Warming Solutions Act of  
            2006 (AB 32) requires ARB to adopt a statewide GHG emissions  
            limit equivalent to 1990 levels by 2020 and adopt regulations,  
            including market-based compliance mechanisms, to achieve  
            maximum technologically feasible and cost-effective GHG  
            emission reductions.  

            All moneys collected by ARB from the auction or sale of  
            allowances pursuant to a market-based compliance mechanism  
            (i.e., the cap-and-trade program adopted by ARB under AB 32)  
            are deposited into the GHG Reduction Fund available for  
            appropriation by the Legislature.  The local and regional  
            agencies defined in this bill are eligible for funding under  
            this program.

            For the 2014-15 Budget, the Governor has proposed spending  
            $850 million on a variety of programs, including $100 million  








                                                                  AB 1970
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            for grants to local governments to support implementation of  
            Sustainable Communities Strategies, $50 million for inter-city  
            rail grants, $30 million for organic waste diversion  
            infrastructure, and $20 million for water and energy saving  
            projects.

              3)    Prior Legislation.   This bill is similar to AB 416  
               (Gordon), which was held on this committee's Suspense File  
               last year.  However, AB 416 did not rely upon the  
               appropriation of cap and trade revenues, but instead relied  
               upon the General Fund.  
             

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