Phil Ting
- Democratic
- Assemblymember
- District 19
Author
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 from the auction or sale of allowances as part of a market-based compliance mechanism to be deposited in the Greenhouse Gas Reduction Fund. This bill would require the office of the Treasurer, by March 1, 2021, to submit to the Legislature a report on the feasibility of securitizing revenues from the Greenhouse Gas Reduction Fund to spur innovation and reduce emissions of greenhouse gases that will be paid back by future revenues generated by the market-based compliance mechanism.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on RLS.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 78. Noes 0. Page 4764.)
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 18. Noes 0.) (June 3).
In committee: Set, first hearing. Referred to APPR. suspense file.
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 8. Noes 0.) (May 7). Re-referred to Com. on APPR.
From committee chair, with author's amendments: Amend, and re-refer to Com. on HUM. S. Read second time and amended.
In committee: Hearing postponed by committee.
From printer. May be heard in committee March 20.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB2413 | HTML |
| 02/18/20 - Introduced | |
| 05/04/20 - Amended Assembly | |
| 07/01/20 - Amended Senate |
| Document | Format |
|---|---|
| No related documents. |
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