BILL ANALYSIS Ó SENATE COMMITTEE ON APPROPRIATIONS Senator Ricardo Lara, Chair 2015 - 2016 Regular Session AB 2722 (Burke) - Transformative Climate Communities Program ----------------------------------------------------------------- | | | | | | ----------------------------------------------------------------- |--------------------------------+--------------------------------| | | | |Version: August 2, 2016 |Policy Vote: E.Q. 5 - 2 | | | | |--------------------------------+--------------------------------| | | | |Urgency: No |Mandate: No | | | | |--------------------------------+--------------------------------| | | | |Hearing Date: August 11, 2016 |Consultant: Narisha Bonakdar | | | | ----------------------------------------------------------------- *********** ANALYSIS ADDENDUM - SUSPENSE FILE *********** The following information is revised to reflect amendments adopted by the committee on August 11, 2016 Bill Summary: AB 2722 establishes the Transformational Climate Communities Program (Program) within the Strategic Growth Council (Council) to fund the development and implementation of neighborhood-level transformative climate community plans. Fiscal Impact: Unknown ongoing costs, between the high hundreds of thousands to low millions (Greenhouse Gas Reduction Fund) for the Council to develop, administer, and oversee the financial assistance programs. Approximately $715,000 annually in years one and two for AB 2722 (Burke) Page 1 of ? the Air Resources Board (ARB), and approximately $550,000 ongoing (Greenhouse Gas Reduction Fund). Unknown, potentially significant, costs (Greenhouse Gas Reduction Fund) to the California Environmental Protection Agency (CalEPA) for consultation. Committee Amendments: Make enactment of the bill contingent upon enactment of AB 2613. Staff Comments: The amendments ensure that the bill is not enacted unless funds are appropriated through Budget Trailer Bill language. -- END --