AB 1550 (Gomez): Greenhouse Gases: Investment Plan: Disadvantaged Communities. Assembly Bill 1550 would require 25 percent of the annual proceeds from California’s Cap-and-Trade program to be allocated to projects that directly benefit low income households statewide. Status: AB 1550 awaits consideration in the Assembly Natural Resources Committee. RCRC Position: Support
AB 1780 (Medina): Greenhouse Gas Reduction Fund: Sustainable Freight Corridors Program. Assembly Bill 1780 would permanently allocate 25 percent of all annual proceeds from California’s Cap-and-Trade program to the Sustainable Freight Corridors Program, leaving only 15 percent in discretionary funds annually. Status: AB 1780 awaits consideration in the Assembly Transportation Committee. RCRC Position: Oppose