Bill Text: CA SB667 | 2019-2020 | Regular Session | Amended
Bill Title: Greenhouse gases: recycling and organic waste reduction: needs assessment.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2020-08-26 - Ordered to inactive file on request of Assembly Member Calderon. [SB667 Detail]
Download: California-2019-SB667-Amended.html
Amended
IN
Assembly
June 17, 2019 |
Amended
IN
Senate
April 29, 2019 |
Amended
IN
Senate
April 10, 2019 |
Senate Bill | No. 667 |
Introduced by Senator Hueso |
February 22, 2019 |
LEGISLATIVE COUNSEL'S DIGEST
(1)
(2)The California Alternative Energy and Advanced Transportation Financing Authority Act creates the California Alternative Energy and Advanced Transportation Financing Authority to provide financial assistance for the development and deployment of alternative energy and renewable energy technologies, and provides that it is the purpose of the act to advance the state’s goals of reducing the levels of greenhouse gas emissions and increasing the deployment of sustainable and renewable energy sources, among other things.
This bill would additionally provide that it is the purpose of the act to provide an alternative method of financing in providing and promoting the establishment of facilities needed to develop organic waste diversion technologies.
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.
(a) The Legislature finds and declares all of the following:It is the purpose of this division to advance the state’s goals of reducing the levels of greenhouse gas emissions, increasing the deployment of sustainable and renewable energy sources, implementing measures that increase the efficiency of the use of energy, creating high quality employment opportunities, and lessening the state’s dependence on fossil fuels and to that end to provide an alternative method of financing in providing and promoting the establishment of all of the following:
(a)Facilities utilizing alternative methods and sources of energy.
(b)Facilities needed for the development and commercialization of advanced transportation
technologies.
(c)Facilities needed to develop organic waste diversion technologies.
SEC. 2.
Section 44502 of the Health and Safety Code is amended to read:44502.
It is the purpose of this division to carry out and make effective the findings of the Legislature and to that end to do all of the following, to the mutual benefit of the people of the state and to protect their health and welfare:SEC. 3.
Section 44527 is added to the Health and Safety Code, to read:44527.
The authority may provide any alternative financing necessary to implement and administer financial incentive mechanisms, pursuant to Section 42999.6 of the Public Resources Code, for the benefit of public or private participating parties, in accordance with the investment strategy developed pursuant to Section 42999.5 of the Public Resources Code, including, but not limited to, the funding and administration of financial assistance through mechanisms, such as grants, direct loans, forgivable loans, loan loss reserves, loan guarantees, revolving loan funds, loan participation, and other credit facilities.SEC. 3.SEC. 4.
Section 42999.5 is added to the Public Resources Code, to read:42999.5.
(a) This section and Section 42999.6 shall be known, and may be cited, as the Organic Waste Diversion Infrastructure Investment Act of 2019.(d)
SEC. 5.
Section 42999.6 is added to the Public Resources Code, to read:42999.6.
(a) On or before June 1, 2021, the department, in coordination with the(e)
(f)