2020 – Assembly Bill 2413 (Ting, Philip), Study to Securitize the Greenhouse Gas Reduction Fund (Dead)
Bill Number
AB 2413
Legislative Session
2019-2020
Bill Information
Category
Climate Change
Status
Dead
Author
Ting.Philip
Contact
Office of Legislative Affairs
Email
Summary
Would have required the Treasurer’s Office to submit a report to the Legislature by March 2021 on the feasibility of securitizing revenues from the Greenhouse Gas Reduction Fund to spur innovation and reduce emissions of greenhouse gases. The securitized revenues would have been paid back by future revenues generated by the Cap-and-Trade Program. Was not heard in the Senate Environmental Quality Committee.