New Infrastructure Legislation: Summary and Issues for Legislative Oversight

Aug 8, 2023 - Green Bank Financing. Chapter  53 of 2023 (SB  124, Committee on Budget and Fiscal Review) authorizes the Infrastructure and Economic Development  Bank (I-Bank) to spend future federal funding that the state might receive through the Climate Catalyst Revolving Loan Fund program.
https://lao.ca.gov/Publications/Report/4785

Cap-and-Trade Extension: Issues for Legislative Oversight

Dec 12, 2017 - One such option would be to directly reduce the supply of allowances issued in post ‑2020 years to account for some or all of the allowances available to be banked from the pre ‑ 2020 p eriod. Specifically, the state could offer fewer allowances in regular auctions than what is currently scheduled.
https://lao.ca.gov/Publications/Report/3719

The 2026-27 Budget: Cap-and-Invest Expenditure Plan [Publication Details]

Feb 10, 2026 - In this report, we review the Governor’s proposed plan for spending cap-and-invest revenues in 2026-27.
https://lao.ca.gov/Publications/Detail/5114

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - In light of this, we think the Legislature should carefully consider what types of activities it would like to include in this category —and potentially provide this guidance to the administration in statute, as appropriate —recognizing that this year ’s decisions could serve as a precedent going forward.
https://lao.ca.gov/Publications/Report/5114

California’s Cap-and-Trade Program: Frequently Asked Questions

Oct 24, 2023 - Covered entities need not use the allowances they have purchased towards covering their emissions in that year; as discussed below, they also can “bank ” them and choose to apply them towards compliance in a future year.
https://lao.ca.gov/Publications/Report/4811

The 2022-23 Budget: Pesticide Enforcement

May 5, 2022 - The funding would allow the department to appropriately refer egregious violations for civil and criminal enforcement and gather data regarding what level of funding might be appropriate in future years.
https://lao.ca.gov/Publications/Report/4592

Assessing California's Climate Policies—The 2022 Scoping Plan Update

Jan 4, 2023 - As  we described in our 2017 report, Cap‑and‑Trade: Issues for Legislative Oversight , the program allows unlimited banking of allowances from earlier years, which can then be used to comply with more strict caps in later years.
https://lao.ca.gov/Publications/Report/4656

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The Governor ’s budget includes $ 250  m illion General Fund in 2020 ‑ 21 —with a plan to allocate an additional $ 750  m illion in future years —to establish a new loan program at the California Infrastructure and Economic Development Bank (I ‑Bank).
https://lao.ca.gov/Publications/Report/4135

Assessing Early Implementation of Urban Water Use Efficiency Requirements

Jan 4, 2024 - Proposed regulations would require suppliers to identify certain large CII buildings that are considered disclosable according to the California Code of Regulations. (A disclosable building has more than 50,000 square feet of area and has either no residential utility accounts or at least 17  residential utility accounts for each type of energy —electricity , natural gas, steam, fuel oil —serving the building.)
https://lao.ca.gov/Publications/Report/4823

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - We have not identified any proposed actions or appropriations that conflict with bond requirements, and the timing of the funding allocations generally seems to account for and align with what we know about department capacity and local demand.
https://lao.ca.gov/Publications/Report/5115