Bill Text: CA AB1447 | 2013-2014 | Regular Session | Chaptered
Bill Title: California Global Warming Solutions Act of 2006:
Sponsorship: Bipartisan Bill
Status: (Passed) 2014-09-26 - Chaptered by Secretary of State - Chapter 594, Statutes of 2014. [AB1447 Detail]
Download: California-2013-AB1447-Chaptered.html
BILL NUMBER: AB 1447 CHAPTERED
BILL TEXT
CHAPTER 594
FILED WITH SECRETARY OF STATE SEPTEMBER 26, 2014
APPROVED BY GOVERNOR SEPTEMBER 26, 2014
PASSED THE SENATE AUGUST 19, 2014
PASSED THE ASSEMBLY AUGUST 20, 2014
AMENDED IN SENATE JULY 1, 2014
AMENDED IN SENATE JUNE 12, 2014
AMENDED IN ASSEMBLY APRIL 22, 2014
AMENDED IN ASSEMBLY FEBRUARY 18, 2014
INTRODUCED BY Assembly Members Waldron and V. Manuel P�rez
(Coauthors: Assembly Members Brown, Ch�vez, Maienschein, and Wilk)
(Coauthor: Senator Vidak)
JANUARY 6, 2014
An act to add Chapter 16 (commencing with Section 2581) to
Division 3 of the Streets and Highways Code, relating to greenhouse
gases.
LEGISLATIVE COUNSEL'S DIGEST
AB 1447, Waldron. California Global Warming Solutions Act of 2006:
Greenhouse Gas Reduction Fund: traffic synchronization.
The California Global Warming Solutions Act of 2006 designates the
State Air Resources Board as the state agency charged with
monitoring and regulating sources of emissions of greenhouse gases.
The act authorizes the state board to include the use of market-based
compliance mechanisms. Existing law requires all moneys, except for
fines and penalties, collected by the state board from the auction or
sale of allowances as part of a market-based compliance mechanism to
be deposited in the Greenhouse Gas Reduction Fund and to be
available upon appropriation. Existing law requires the Department of
Finance, in consultation with the state board and any other relevant
state agency, to develop, as specified, a 3-year investment plan for
the moneys deposited in the Greenhouse Gas Reduction Fund.
This bill would authorize moneys in the fund to be allocated, as
specified, for an investment in a traffic signal synchronization
component that is part of a sustainable infrastructure project if the
component is designed and implemented to achieve cost-effective
reductions in greenhouse gas emissions and includes specific
emissions reduction targets and metrics to evaluate the project's
effect.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. The Legislature finds and declares all of the
following:
(a) Traffic signal synchronization is a low-cost operational
approach that reduces energy consumption and greenhouse gas emissions
while alleviating congestion.
(b) Studies show that investment in traffic signal timing programs
enjoy cost-benefit ratios at more than 40 to 1, meaning the benefits
from these programs save more than $40 for every dollar spent.
(c) Due to their ability to maximize benefits for the least cost,
traffic signal synchronization programs should be explicitly eligible
for funding dedicated to the reduction of greenhouse gas emissions.
SEC. 2. Chapter 16 (commencing with Section 2581) is added to
Division 3 of the Streets and Highways Code, to read:
CHAPTER 16. TRAFFIC SIGNAL SYNCHRONIZATION
2581. (a) Investments in traffic signal synchronization may be
eligible for an allocation of moneys pursuant to Section 39712 of the
Health and Safety Code as a component of an eligible sustainable
infrastructure project if both of the following conditions are met:
(1) The sponsoring agency's legislative or governing body makes a
finding that the traffic signal synchronization component is designed
and implemented to achieve cost-effective reductions in greenhouse
gas emissions.
(2) The traffic signal synchronization component includes specific
emissions-reduction targets and metrics to evaluate the traffic
signal synchronization component's effect.
(b) A traffic signal synchronization component of a sustainable
infrastructure project receiving an allocation of moneys pursuant to
subdivision (a) shall meet the requirements of Section 16428.9 of the
Government Code and Section 39712 of the Health and Safety Code.
