California Legislature—2015–16 Regular Session

Assembly Bill No. 1087

Introduced by Assembly Member Grove

February 27, 2015

An act to amend Sections 39719 and 39719.1 of the Health and Safety Code, relating to high-speed rail.

LEGISLATIVE COUNSEL’S DIGEST

AB 1087, as introduced, Grove. Greenhouse Gas Reduction Fund: high-speed rail.

Existing law requires all moneys, except for fines and penalties, collected by the State Air Resources 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. Existing law continuously appropriates 25% of the annual proceeds of the fund to the High-Speed Rail Authority for specified components of the initial operating segment and Phase I blended system, as described in the authority’s 2012 business plan.

This bill would provide that the continuous appropriations from the fund to the High-Speed Rail Authority are for specified components of the initial operating segment and Phase I blended system, as described in the authority’s 2012 business plan, of the high-speed train system that shall be constructed as specified.

Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no.

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

SECTION 1.  

Section 39719 of the Health and Safety Code is
amended to read:

39719.  

(a) The Legislature shall appropriate the annual
proceeds of the fund for the purpose of reducing greenhouse gas
emissions in this state in accordance with the requirements of
Section 39712.

(b) To carry out a portion of the requirements of subdivision
(a), annual proceeds are continuously appropriated for the
following:

(1) Beginning in the 2015-16 fiscal year, and notwithstanding
Section 13340 of the Government Code, 35 percent of annual
proceeds are continuously appropriated, without regard to fiscal
years, for transit, affordable housing, and sustainable communities
programs as following:

(A) Ten percent of the annual proceeds of the fund is hereby
continuously appropriated to the Transportation Agency for the
Transit and Intercity Rail Capital Program created by Part 2
(commencing with Section 75220) of Division 44 of the Public
Resources Code.

(B) Five percent of the annual proceeds of the fund is hereby
continuously appropriated to the Low Carbon Transit Operations
Program created by Part 3 (commencing with Section 75230) of
Division 44 of the Public Resources Code. begin delete Funds end delete begin insert Moneys end insert shall be
allocated by the Controller, according to requirements of the
program, and pursuant to the distribution formula in subdivision
(b) or (c) of Section 99312 of, and Sections 99313 and 99314 of,
the Public Utilities Code.

(C) Twenty percent of the annual proceeds of the fund is hereby
continuously appropriated to the Strategic Growth Council for the
Affordable Housing and Sustainable Communities Program created
by Part 1 (commencing with Section 75200) of Division 44 of the
Public Resources Code. Of the amount appropriated in this
subparagraph, no less than 10 percent of the annual begin delete proceeds, end delete
begin insert proceeds end insert shall be expended for affordable housing, consistent with
the provisions of that program.

(2) Beginning in the 2015-16 fiscal year, notwithstanding
Section 13340 of the Government Code, 25 percent of the annual
proceeds of the fund is hereby continuously appropriated to the
High-Speed Rail Authority for the following components of the
initial operating segment and Phase I Blended begin delete System end delete begin insert System, end insert as
described in the 2012 business plan adopted pursuant to Section
185033 of the Public Utilities begin delete Code: end delete begin insert Code, of the high-speed train
system that shall be constructed pursuant to Chapter 20
(commencing with Section 2704) of Division 3 of the Streets and
Highways Code: end insert

(A) Acquisition and construction costs of the project.

(B) Environmental review and design costs of the project.

(C) Other capital costs of the project.

(D) Repayment of any loans made to the authority to fund the
project.

(c) In determining the amount of annual proceeds of the fund
for purposes of the calculation in subdivision (b), the begin delete funds end delete begin insert moneys end insert
subject to Section 39719.1 shall not be included.

SEC. 2.  

Section 39719.1 of the Health and Safety Code is
amended to read:

39719.1.  

(a) Of the amount loaned from the fund to the General
Fund pursuant to Item 3900-011-3228 of Section 2.00 of the
Budget Act of 2013, four hundred million dollars ($400,000,000)
shall be available to the High-Speed Rail Authority pursuant to
subdivision (b).

(b) The portion of the loan from the fund to the General Fund
described in subdivision (a) shall be repaid to the fund as necessary
based on the financial needs of the high-speed rail project.
Beginning in the 2015-16 fiscal year, and in order to carry out the
goals of the fund in accordance with the requirements of Section
39712, the amounts of all the loan repayments, notwithstanding
Section 13340 of the Government Code, are continuously
appropriated from the fund to the High-Speed Rail Authority for
the following components of the initial operating segment and
Phase I Blended begin delete System end delete begin insert System, end insert as described in the 2012 business
plan adopted pursuant to Section 185033 of the Public Utilities
begin delete Code: end delete begin insert Code, of the high-speed train system, that shall be
constructed pursuant to Chapter 20 (commencing with Section
2704) of Division 3 of the Streets and Highways Code: end insert

(1) Acquisition and construction costs of the project.

(2) Environmental review and design costs of the project.

(3) Other capital costs of the project.

(4) Repayment of any loans made to the authority begin delete to fund end delete begin insert for end insert
the project.