2022 - Assembly Bill 2797 (Petrie-Norris, Cottie), Decarbonizing Fuels Incentive. (Dead)
Bill Number
AB 2797
Legislative Session
2021-2022
Bill Information
Category
Fuels
Status
Dead
Author
petrie-norris.cottie
Contact
Office of Legislative Affairs
Email
Summary
Would have established the Carbon Neutrality Fund to annually pay an incentive payment to vendors of liquid or gaseous fuels that have a Low Carbon Fuel Standard carbon intensity below 50. The payments would have occurred from 2023 to 2029, with no more than $500 million appropriated in any year. Held on suspense in the Assembly Appropriations Committee.