2023 – Assembly Bill 1567 (Garcia, Eduardo), Safe Drinking Water, Wildfire Prevention, Drought Preparation, Flood Protection, Extreme Heat Mitigation, Clean Energy, and Workforce Development Bond Act of 2024 (2-Year)
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Summary
Enacts the Safe Drinking Water, Wildfire Prevention, Drought Preparation, Flood Protection, Extreme Heat Mitigation, and Workforce Development Bond Act of 2024, which, if approved by voters, would authorize the issuance of bonds in the amount of $15.995 billion to finance projects for safe drinking water, wildfire prevention, drought preparation, flood protection, extreme heat mitigation, clean energy, and workforce development programs. As related to CARB, the bond allocates $125 million to the State Board of Forestry and Fire Protection, who would consult with CARB and California Natural Resources Agency to fund projects that provide long-term capital infrastructure to convert forest and other vegetative waste removed for wildfire mitigation to uses that maximize reductions in the greenhouse gas emissions, provide local air quality benefits, and increase local community resilience against climate change impacts. This bill also allocates $500 million to the California Energy Commission, in coordination with CARB and the Governor’s Office of Business and Economic Development, for grants to assist in obtaining, or as a match fund for, federal grants related to regional hubs in the federal Infrastructure Investment and Jobs Act and the federal Inflation Reduction Act of 2022. Was not heard in the Senate Natural Resources and Water Committee.