California 2019-2020 Regular Session Status: In Committee

SB 1233 — Electricity: public safety power shutoffs: loans.

Last action — Referral to Com. on E., U. & C. rescinded due to the shortened 2020 Legislative Calendar.

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2019-2020 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

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 in its regulation of those emissions 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. Existing law continuously appropriates 25% of the annual proceeds of the fund to the High-Speed Rail Authority for certain purposes. This bill would require the authority to transfer any unencumbered moneys appropriated to the authority from the Greenhouse Gas Reduction Fund to the State Energy Resources Conservation and Development Commission as a loan. The bill would require the transferred moneys to be deposited in the Electrical Infrastructure Revolving Loan Fund, which the bill would establish in the State Treasury. The bill would, upon appropriation by the Legislature, require the commission to expend the moneys in that fund for purposes of the Electrical Infrastructure Revolving Loan Program, which the bill would require the commission to develop and implement. This program would provide loans to electrical corporations to expedite the implementation of activities to minimize the risk of electrical lines and equipment causing catastrophic wildfires or to reduce the need of electrical corporations to engage in the intentional deenergization of portions of their transmission or distribution systems to minimize that risk. The bill would require the repayment of the transferred moneys with interest calculated at the rate earned by the Pooled Money Investment Fund.

Bill Text

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1 line(s) added, 1 removed.

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Action History

  1. Referral to Com. on E., U. & C. rescinded due to the shortened 2020 Legislative Calendar.

  2. Referred to Coms. on TRANS. and E., U. & C.

  3. From printer. May be acted upon on or after March 22.

  4. Introduced. Read first time. To Com. on RLS. for assignment. To print.

Sponsors

  • Moorlach · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

  • Moorlach

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

public-safety environment energy
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 1233 do?
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 in its regulation of those emissions 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. Existing law continuously appropriates 25% of the annual proceeds of the fund to the High-Speed Rail Authority for certain purposes. This bill would require the authority to transfer any unencumbered moneys appropriated to the authority from the Greenhouse Gas Reduction Fund to the State Energy Resources Conservation and Development Commission as a loan. The bill would require the transferred moneys to be deposited in the Electrical Infrastructure Revolving Loan Fund, which the bill would establish in the State Treasury. The bill would, upon appropriation by the Legislature, require the commission to expend the moneys in that fund for purposes of the Electrical Infrastructure Revolving Loan Program, which the bill would require the commission to develop and implement. This program would provide loans to electrical corporations to expedite the implementation of activities to minimize the risk of electrical lines and equipment causing catastrophic wildfires or to reduce the need of electrical corporations to engage in the intentional deenergization of portions of their transmission or distribution systems to minimize that risk. The bill would require the repayment of the transferred moneys with interest calculated at the rate earned by the Pooled Money Investment Fund.
Who sponsors SB 1233?
SB 1233 is sponsored by Moorlach.
What is the current status of SB 1233?
This bill died with 2019-2020 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 1233?
Track SB 1233 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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