Bill Text: CA AB1182 | 2023-2024 | Regular Session | Amended
Bill Title: Energy: Decarbonization Funding Plan.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed) 2023-09-01 - In committee: Held under submission. [AB1182 Detail]
Download: California-2023-AB1182-Amended.html
Amended
IN
Senate
June 20, 2023 |
Amended
IN
Assembly
March 20, 2023 |
Introduced by Assembly Member Petrie-Norris |
February 16, 2023 |
LEGISLATIVE COUNSEL'S DIGEST
This bill would require GO-Biz to take specified actions to align state incentives with
federal funds awarded in the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA), including that GO-Biz identify opportunities to cofund grants that meet the state’s climate goals, post federal IRA and IIJA grants, tax incentives, or other opportunities on their internet website, and collaborate with state agencies to maximize awards to projects in the state. The bill would require that GO-Biz report to the Assembly and Senate Budget Committees and appropriate subcommittees all identified opportunities by February 1, 2024, and report all awards from the IRA and IIJA, as described, by May 15, 2024, and annually thereafter. The bill would repeal these provisions on January 1, 2033.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
The Legislature finds and declares all of the following:SEC. 2.
Article 4 (commencing with Section 13150) is added to Chapter 2 of Part 3 of Division 3 of Title 2 of the Government Code, to read:Article 4. Decarbonization Funding Plan
13150.
It is the intent of the Legislature in enacting this article to ensure that the state establishes a decarbonization funding plan that does both of the following:13151.
For purposes of this article, the following definitions apply:13152.
In conjunction with the Governor’s Budget submitted pursuant to Section 13337, the department shall do all of the following:13153.
The plan shall contain all of the following:13154.
(a) By July 1, 2024, the department shall establish an internet web portal, known as the “Decarbonization Funding Portal,” which shall identify decarbonization funding opportunities.13155.
This article shall remain in effect only until January 1, 2033, and as of that date is repealed.(a)For the purposes of this section, “cofund” means designating state-approved incentives and allocated general fund incentive moneys as match funds within state-based applications to win awards pursuant to the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA).
(b)The Governor’s Office of Business and Economic Development (GO-Biz) shall do all of the following to align state incentives with federal funds awarded in the IRA and the IIJA that meet the state’s energy, water, air quality, and climate goals:
(1)Identify opportunities to align state incentives with federal funds
adopted in the IRA and the IIJA to cofund grants.
(2)Post all federal IRA and IIJA grants, tax incentives, or other opportunities on their internet website, as the grants, incentives, or opportunities are posted federally.
(3)Collaborate with state agencies to align state funding opportunities to maximize federal awards to projects in California.
(c)GO-Biz shall provide the following reports to the Assembly and Senate Budget Committees and appropriate subcommittees:
(1)By February 1, 2024, a report of all opportunities identified pursuant to subdivision (b).
(2)By May 15, 2024, and annually thereafter, a
report of all awards to entities in the state from the IRA and the IIJA, including all of the following:
(A)Location of entities granted awards.
(B)A total of all awards in the state.
(3)A report submitted pursuant to this subdivision shall be submitted in compliance with Section 9795.
(d)This article shall remain in effect only until January 1, 2033, and as of that date is repealed.