California Air Resources Board

Eliminates the continuous appropriation of 25% of the annual proceeds of the Greenhouse Gas Reduction Fund (GGRF) to the High-Speed Rail Authority on June 30, 2026, and beginning with the 2026–27 fiscal year, and until December 31, 2030, requires 25% of the annual proceeds of the GGRF to be transferred to the Motor Vehicle Fuel Account (MVFA). Beginning July 1, 2026, and before January 1, 2031, the bill reduces the rate of the tax imposed upon each gallon of fuel by a specified percentage based annually on the amount transferred to the MVFA from the GGRF. Failed passage in the Senate Environmental Quality Committee and was granted reconsideration.

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