Climate resiliency bill sponsor to hike bond to $5.5B

By District Energy posted 01-23-2020 16:13

  

POLITICO Pro

Summary

Sen. Ben Allen plans to boost the value of his climate resiliency bond from $4.2 billion to $5.5 billion, according to amendments obtained by POLITICO and slated for introduction Friday.

The Santa Monica Democrat's CA SB45 (19R), being heard in the Senate Appropriations Committee today, would increase the amount of money the state devotes to protecting against wildfires and other natural disasters from $1.7 billion to $2.2 billion. Drinking water improvements and other water supply projects would get $1.5 billion, up from $1.2 billion, while coastal land, ocean and wildlife protection would get $970 million, up from $630 million.

Gov. Gavin Newsom proposed a $4.75 billion climate resiliency bond for the November ballot in his budget earlier this month but acknowledged Wednesday the amount could rise. His version of the measure would devote the largest chunk of funding — $2.9 billion — to drinking water, flood and drought measures.

The amendments also add Sen. Melissa Hurtado (D-Sanger) as a coauthor in addition to existing coauthors Sens. Anthony Portantino (D-La Cañada Flintridge), Henry Stern (D-Canoga Park), Jim Beall (D-San Jose), Jerry Hill (D-San Mateo), Ben Hueso (D-San Diego), Mike McGuire (D-Healdsburg), Holly Mitchell (D-Los Angeles) and Scott Wiener (D-San Francisco).

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