BILL ANALYSIS                                                                                                                                                                                                    



          SENATE COMMITTEE ON APPROPRIATIONS
                             Senator Ricardo Lara, Chair
                            2015 - 2016  Regular  Session

          SB 1074 (Hueso) - Energy:  Federal Trust Fund
          
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          |Version: March 28, 2016         |Policy Vote:                    |
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          |Urgency: No                     |Mandate: No                     |
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          |Hearing Date: May 27, 2016      |Consultant: Narisha Bonakdar    |
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          Bill  
          Summary:  SB 1074, in Fiscal Year 2016-17, appropriates $13  
          million from the Federal Trust Fund (fund) to the State Energy  
          Resources Conservation and Development Commission (CEC) to award  
          contracts, grants, and loans for energy-related projects. The  
          bill also annually appropriates $2.5 million for this purpose  
          until all moneys in the fund have been encumbered or expended.


          *********** ANALYSIS ADDENDUM - SUSPENSE FILE ***********
             The following information is revised to reflect amendments 
                      adopted by the committee on May 27, 2016




          Fiscal  
          Impact:  
           One-time appropriation of $13 million (special fund).
           Annual appropriation of $2.5 million (special fund) until  
            funds have been encumbered or expended.
           Unknown, but potentially significant, costs to the CEC. 








          SB 1074 (Hueso)                                        Page 1 of  
          ?
          
          

          Author  
          Amendments:  
           Appropriates $2.5 million to fund a program or efforts to  
            recover lithium, metals, agricultural products, and other  
            beneficial minerals from highly mineralized brines at an  
            existing geothermal facility. 




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