SB 550

  • California Senate Bill
  • 2023-2024 Regular Session
  • Introduced in Senate Feb 15, 2023
  • Senate
  • Assembly
  • Governor

Water markets.

Bill Subjects

Water Markets

Abstract

Existing law finds and declares that voluntary water transfers between water users can result in a more efficient use of water, benefiting both the buyer and the seller. Existing law requires the Department of Water Resources to implement the various state laws that pertain to water transfers and to prepare a water transfer guide that includes, among other things, a review of existing and appropriate state and federal laws that pertain to water transfers, water markets, or water rights. This bill would require, on or before January 1, 2025, the Legislative Analyst, in collaboration with the Department of Water Resources, the State Water Resources Control Board, and other state agencies, as described, to prepare and submit to the Legislature a report analyzing the water market, including background information regarding the sale of water and water rights, trends in the water market, barriers to entering the water market or effectively trading in the market, and proposals for improving the regulatory framework to make the water market more market friendly and to encourage growth.

Bill Sponsors (6)

Votes


Actions


Feb 01, 2024

Senate

Returned to Secretary of Senate pursuant to Joint Rule 56.

May 18, 2023

Senate

May 18 hearing: Held in committee and under submission.

May 12, 2023

Senate

Set for hearing May 18.

Apr 10, 2023

Senate

April 10 hearing: Placed on APPR suspense file.

Mar 29, 2023

Senate

Set for hearing April 10.

Mar 28, 2023

Senate

From committee: Do pass and re-refer to Com. on APPR with recommendation: To consent calendar. (Ayes 10. Noes 0. Page 547.) (March 28). Re-referred to Com. on APPR.

  • Committee-Passage
  • Committee-Passage-Favorable
  • Referral-Committee
Com. on APPR.

Mar 20, 2023

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on N.R. & W.

  • Amendment-Passage
  • Committee-Passage
  • Reading-1
  • Reading-2
  • Referral-Committee
Com. on N.R. & W.

Mar 07, 2023

Senate

Set for hearing March 28.

Feb 22, 2023

Senate

Referred to Com. on N.R. & W.

  • Referral-Committee
Com. on N.R. & W.

Feb 16, 2023

Senate

From printer. May be acted upon on or after March 18.

Feb 15, 2023

Senate

Introduced. Read first time. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB550 HTML
02/15/23 - Introduced PDF
03/20/23 - Amended Senate PDF

Related Documents

Document Format
03/23/23- Senate Natural Resources and Water PDF
04/07/23- Senate Appropriations PDF

Sources

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