2021 – Senate Bill 155 (Committee on Budget and Fiscal Review), Budget Trailer Bill: Public Resources (Chaptered)
Bill Information
Contact
Summary
Contains statutory provisions necessary to implement the Budget Act of 2021. Among other things, the bill continuously appropriates $200 million from the Greenhouse Gas Reduction Fund (GGRF) annually until the 2028-29 fiscal year for healthy forest and fire prevention programs and projects that improve forest health and reduce emissions of greenhouse gases caused by wildfires and for completion of prescribed fires and other fuel reduction projects. Upon appropriation by the Legislature, the bill makes available $50 million in the 2022-2023 fiscal year to the Department of Conservation, in coordination with CARB and the California Energy Commission, for pilot projects in the Sierra Nevada to create carbon-negative fuels from materials resulting from forest vegetation management. The bill also requires the California Department of Resources Recycling and Recovery (CalRecycle), upon appropriation by the Legislature, to administer a grant program through the Greenhouse Gas Reduction Revolving Loan Program to provide financial assistance to promote in-state development of infrastructure, food waste prevention, or other projects to reduce organic waste or process organic and other recyclable materials into new, value-added products. The Greenhouse Gas Reduction Revolving Loan Fund receives funding from GGRF. Additionally, this bill extends the eligibility for the existing fuel cell net energy metering tariff that utilities have filed with the California Public Utilities Commission from December 31, 2021 to December 31, 2023.