Cap-and-Trade Extension: Issues for Legislative Oversight

Dec 12, 2017 - If prices at two consecutive auctions exceed the lower speed bump. a Chapter 135 of 2017 (AB 398, E. Garcia). Key Implementation Decisions Could Affect Program Outcomes A variety of factors will affect future cap ‑and ‑trade outcomes, including the key outcomes of GHG emission reductions and the costs of reducing emissions.
https://lao.ca.gov/Publications/Report/3719

Cap-and-Trade Extension: Issues for Legislative Oversight [Publication Details]

Dec 12, 2017 -
https://lao.ca.gov/Publications/Detail/3719

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The budget includes $8.6  million and 91  positions on an ongoing basis for workload from issuing AB  60 licenses. This level is significantly less than the resources initially provided on a temporary basis for AB  60 workload.
https://lao.ca.gov/Publications/Report/3694/10

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Assembly Bill 395 and AB  131/SB  116 establish an annual transfer from the Greenhouse Gas Reduction Fund to the General Fund that would offset this revenue loss.
https://lao.ca.gov/Publications/Report/3694/12

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - As required by Proposition  56 (2016), the budget provides $32  million in new cigarette tax revenue to support tobacco use prevention education in California schools. The funds are to be allocated in accordance with the existing Tobacco Use Prevention Education program administered by CDE.
https://lao.ca.gov/Publications/Report/3694/3

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The 2017-18 Budget: California Spending Plan 2017-18 Enacted Spending $3,544.0 a Does not include additional $50  million in freed-up General Fund due to providing $50  million in Proposition  56 funds for graduate medical education. b The original $1.9  million appropriation in the revised 2015-16 budget (pursuant to Chapter  2 of 2016, AB  133, Committee on Budget) was unspent and carried forward to 2016-17.
https://lao.ca.gov/Publications/Report/3694/5

Cal Facts: 2016

Dec 5, 2016 - Under these policies, the Air Resources Board (ARB) projects emissions will be below the AB 32 target in 2020. Chapter 249 of 2016 (SB 32, Pavley) established the target of reducing GHG emissions to 40 percent below 1990 levels by 2030.
https://lao.ca.gov/Publications/Report/3511/5

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - Trailer legislation refers to Chapter 24 of 2016 (AB 1602, Committee on Budget). Authorizes UC to Fund Merced 2020 Project. The project will add 917,500 assignable square feet of facility space (more than doubling existing space) to the Merced campus.
https://lao.ca.gov/Publications/Report/3487/5

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - The total expenditures include $1.2  billion in proceeds of bonds authorized by Proposition  1A (2008), as well as $32  million in federal funds. The budget plan also assumes that $500  million in cap –and –trade auction revenues will be continuously appropriated to the project in 2016 –17 .
https://lao.ca.gov/Publications/Report/3487/9

The 2016-17 Budget: California Spending Plan

Oct 5, 2016 - The budget includes $485,000 from the AB  32 Cost of Implementation Account and two positions for ARB to (1)  help analyze electric vehicle charging infrastructure needs, (2)  consult with CPUC and CEC on setting GHG targets for utilities as part of the new integrated resource planning process, and (3)  conduct a study on barriers for low –income customers to access zero –emission transportation options.
https://lao.ca.gov/Publications/Report/3487/8