Bill Text: CA SB47 | 2021-2022 | Regular Session | Amended
Bill Title: Oil and gas: hazardous and idle-deserted wells and production facilities: expenditure limitations: updated reports.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Passed) 2021-09-23 - Chaptered by Secretary of State. Chapter 238, Statutes of 2021. [SB47 Detail]
Download: California-2021-SB47-Amended.html
Amended
IN
Assembly
June 29, 2021 |
Amended
IN
Senate
March 15, 2021 |
Amended
IN
Senate
February 04, 2021 |
Introduced by Senator Limón (Coauthor: Assembly Member Bennett) |
December 07, 2020 |
LEGISLATIVE COUNSEL'S DIGEST
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.
Section 3258 of the Public Resources Code is amended to read:3258.
(a) The division shall not make expenditures pursuant to this article that exceed in any one fiscal year:(d)Commencing with the 2022–23 fiscal year, in any fiscal year that the division expends less than ten million dollars ($10,000,000) pursuant to this article, the Controller shall transfer from the Oil, Gas, and Geothermal Administrative Fund to the Oil and Gas Environmental Remediation Account, established pursuant to Section 3261, an amount equal to the difference of ten million dollars ($10,000,000) and what was expended pursuant to this article by the division for that fiscal year, unless there is more than one hundred million dollars ($100,000,000) in the
account.
(e)
(4)The requirement for submitting a report imposed under this subdivision is inoperative on October 1, 2027, pursuant to Section 10231.5 of the Government Code.