AB 296 — Climate change: Climate Innovation Grant Program: voluntary tax contributions.

Summary

Existing law requires the State Energy Resources Conservation and Development Commission to develop and implement the Electric Program Investment Charge program for the purpose of awarding funds to projects that may lead to technological advancement and breakthroughs to overcome barriers that prevent the achievement of the state's statutory energy goals and that may result in a portfolio of projects that are strategically focused and sufficiently narrow to make advancement on the most significant technological challenges. Existing law authorizes an individual to contribute amounts in excess of their personal income tax liability for the support of specified funds. Under existing law, there are general administrative provisions applicable to these voluntary contributions, which, among other things, provide for the disbursement of contributions following the repeal of the fund's provisions and require undesignated funds to be transferred to the General Fund. Existing law requires any new or extended voluntary contribution to include the words "voluntary tax contribution" in the name of the fund, to require the administering agency to include specified information about the fund on its internet website, to continuously appropriate from the fund the contributions made to the administering agency, to set a minimum contribution amount for the continuation of any voluntary tax contribution on the tax return form, and to include a generally applicable repeal date for a voluntary tax contribution. This bill would establish the Climate Innovation Grant Program, to be administered by the Strategic Growth Council or another entity identified by the council that it determines to have the appropriate skills necessary to successfully implement this program. The bill would establish the Climate Innovation Fund, a special fund, in the State Treasury and would continuously appropriate the moneys in the fund to the council for purposes of the program. Once the Climate Innovation Fund accrues $2,000,000, the bill would require the council or the entity implementing the program to notify the Franchise Tax Board and would require the program to award grants for the development and research of new innovations and technologies that either reduce emissions of greenhouse gases or address impacts caused by climate change. The bill would repeal the program on January 1, 2031. This bill would allow an individual to designate on their tax return that a specified amount in excess of their personal income tax liability be transferred to the Climate Innovation Voluntary Tax Contribution Account, which would be created by this bill. The bill would conform with those aforementioned administrative requirements by continuously appropriating those funds to the Franchise Tax Board and the Controller for administrative costs and to the Climate Innovation Fund, as specified. The bill would also conform by requiring the Strategic Growth Council to comply with certain internet website reporting requirements. The bill would make the voluntary tax contribution provisions operative upon notification of the Franchise Tax Board that the fund has accrued $2,000,000. The bill would repeal these provisions as of the sooner of December 1 of the year that the minimum contribution amount of $250,000 is not met or by a specified repeal date. By continuously appropriating these funds, the bill would make an appropriation.

Bill Text

• Enrolled 09/10/19 - Enrolled Current pdf September 10, 2019
• Amended 08/30/19 - Amended Senate pdf August 30, 2019
• Amended 07/11/19 - Amended Senate pdf July 11, 2019
• Amended 07/05/19 - Amended Senate pdf July 05, 2019
• Amended 05/01/19 - Amended Assembly pdf May 01, 2019
• Amended 04/25/19 - Amended Assembly pdf April 25, 2019
• Amended 04/22/19 - Amended Assembly pdf April 22, 2019
• Amended 03/20/19 - Amended Assembly pdf March 20, 2019
• Introduced 01/28/19 - Introduced pdf January 28, 2019
• AB296 View text html

Action History

1. January 23, 2020

   Consideration of Governor's veto stricken from file.

2. October 02, 2019

   Vetoed by Governor.

3. September 12, 2019

   Enrolled and presented to the Governor at 3:30 p.m.

4. September 09, 2019

   Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 74. Noes 1. Page 3137.).

5. September 06, 2019

   In Assembly. Concurrence in Senate amendments pending. May be considered on or after September 8 pursuant to Assembly Rule 77.

6. September 05, 2019

   Read third time. Passed. Ordered to the Assembly. (Ayes 34. Noes 5. Page 2559.).

7. September 03, 2019

   Read second time. Ordered to third reading.

8. August 30, 2019

   Read second time and amended. Ordered returned to second reading.

9. August 30, 2019

   From committee: Amend, and do pass as amended. (Ayes 6. Noes 1.) (August 30).

10. August 12, 2019

    In committee: Referred to APPR. suspense file.

11. July 11, 2019

    Read second time and amended. Re-referred to Com. on APPR.

12. July 11, 2019

    From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 6. Noes 1.) (July 10).

13. July 05, 2019

    Read second time and amended. Re-referred to Com. on GOV. & F.

14. July 03, 2019

    From committee: Amend, and do pass as amended and re-refer to Com. on GOV. & F. (Ayes 7. Noes 0.) (July 3).

15. June 12, 2019

    Referred to Coms. on EQ. and GOV. & F.

16. May 30, 2019

    In Senate. Read first time. To Com. on RLS. for assignment.

17. May 29, 2019

    Read third time. Passed. Ordered to the Senate. (Ayes 75. Noes 1. Page 2092.)

18. May 20, 2019

    Read second time. Ordered to third reading.

19. May 16, 2019

    From committee: Do pass. (Ayes 17. Noes 0.) (May 16).

20. May 08, 2019

    In committee: Set, first hearing. Referred to APPR. suspense file.

21. May 02, 2019

    Re-referred to Com. on APPR.

22. May 01, 2019

    From committee chair, with author's amendments: Amend, and re-refer to Com. on APPR. Read second time and amended.

23. April 29, 2019

    Re-referred to Com. on APPR.

24. April 25, 2019

    Read second time and amended.

25. April 24, 2019

    From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 1.) (April 22).

26. April 23, 2019

    Re-referred to Com. on REV. & TAX.

27. April 22, 2019

    Re-referred to Com. on REV. & TAX. pursuant to Assembly Rule 96(a).

28. April 22, 2019

    Read second time and amended.

29. April 11, 2019

    (pending re-referral to Com. on REV. & TAX)

30. April 11, 2019

    Assembly Rule 56 suspended. (Page 1150.)

31. April 11, 2019

    From committee: Amend, and do pass as amended and re-refer to Com. on APPR. (Ayes 10. Noes 1.) (April 8).

32. March 21, 2019

    Re-referred to Com. on NAT. RES.

33. March 20, 2019

    From committee chair, with author's amendments: Amend, and re-refer to Com. on NAT. RES. Read second time and amended.

34. February 07, 2019

    Referred to Com. on NAT. RES.

35. January 29, 2019

    From printer. May be heard in committee February 28.

36. January 28, 2019

    Read first time. To print.

Sponsors

• Cooley · Primary
• Henry I. Stern · Cosponsor
• Mayes · Cosponsor
• Robert Garcia · Cosponsor

Votes

Subjects