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Greenhouse Gas Reduction Fund: investment plan.

This bill failed and is no longer moving.

CA AB 1374 · Assembly Bill · 2023–2024

Stage
Failed
Started in
Assembly
Sponsor
David Alvarez
Latest action
Feb 1, 2024

What it does

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. Existing law 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…

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Where it stands

This bill failed and is no longer moving.

Failed

This bill failed and is no longer moving.

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Sponsors

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Greenhouse Gas Reduction Fund: investment plan. | 52