Amended in Assembly April 11, 2016

California Legislature—2015–16 Regular Session

Assembly Bill No. 2343

Introduced by Assembly Members Cristina Garcia, Eggman, Eduardo Garcia, and Gomez

February 18, 2016

An act to amend Section begin delete 39713 end delete begin insert 39720 end insert of the Health and Safety Code, relating to greenhouse gases.

LEGISLATIVE COUNSEL’S DIGEST

AB 2343, as amended, Cristina Garcia. Greenhouse Gas Reduction Fund: begin delete 3-year investment plan: disadvantaged communities. end delete begin insert study. end insert

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 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 as part of a market-based compliance mechanism to be deposited in the Greenhouse Gas Reduction Fund and to be available upon appropriation. begin delete Existing law requires the California Environmental Protection Agency to identify disadvantaged communities and requires the Department of Finance, in consultation with the state board and any other relevant state agency, to develop, as specified, a 3-year investment plan for the moneys deposited in the Greenhouse Gas Reduction Fund. Existing law requires the 3-year investment plan to allocate a minimum of 10% of the available moneys in the fund to projects located within disadvantaged communities. end delete begin insert Existing law requires the Department of Finance to annually submit a report to the appropriate committees of the Legislature on the status of the projects funded with moneys in the fund. end insert

This bill begin delete instead would require a minimum of 10% of the moneys in fund to be allocated to projects located in a city of an unspecified population within a disadvantaged community. end delete begin insert would require the department to include additional data in that annual report, as specified. end insert

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

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

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begin insert SECTION 1. end insert   

end insert

begin insert Section 39720 of the end insert begin insert Health and Safety Code end insert begin insert is
amended to read: end insert

39720.  

(a) Notwithstanding Section 10231.5 of the
Government Code, the Department of Finance shall submit a report
on or before March 1, 2014, and annually thereafter, to the
appropriate committees of the Legislature on the status begin insert and
outcomes end insert of projects funded pursuant to this begin delete part and their
outcomes. end delete begin insert part. end insert

begin insert

(b) (1) The report prepared pursuant to subdivision (a) also
shall include a comparison of all of the following:

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(A) The levels of investment funded pursuant to this part across
the state.

end insert begin insert

(B) The greenhouse gas emissions reductions resulting from
investments funded pursuant to this part.

end insert begin insert

(C) The economic benefits associated with the investments
funded pursuant to this chapter, including, but not limited to, the
jobs created and salaries and wages associated with those jobs.

end insert begin insert

(2) This subdivision shall apply once sufficient data is collected
from the first two market-based compliance mechanism’s auctions
conducted in the 2017 calendar year.

end insert begin delete

(b)

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begin insert (c) end insert  A report submitted pursuant to begin delete subdivision (a) end delete begin insert this section end insert
shall be submitted in compliance with Section 9795 of the
Government Code.

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SECTION 1.  

Section 39713 of the Health and Safety Code is
amended to read:

39713.  

(a) The investment plan developed and submitted to
the Legislature, pursuant to Section 39716, shall allocate a
minimum of 25 percent of the available moneys in the fund to
projects that provide benefits to communities described in Section
39711.

(b) The investment plan shall allocate a minimum of 10 percent
of the available moneys in the fund to projects located in a city
with a population of less than ____ within a community described
in Section 39711.

(c) The allocation pursuant to subdivision (b) may be, but need
not be, for projects included, in whole or in part, in the set of
projects supported by the allocation described in subdivision (a).

end delete