Recent Streetsblog LA posts about California State Senate

Earlier this evening, the bicameral Budget Conference Committee  approved a compromise between state legislators and Governor Brown on how to spend $850 million in revenues from the state’s cap-and-trade system for the next fiscal year. The new plan largely stuck to the Governor’s original proposal for the first year of the expenditure plan, but it […]

Despite being only 0.5 percent of the California budget, cap-and-trade revenue spending is emerging as a sticking point in Sacramento as Democrats in the Assembly, Senate, and Governor’s Office push three different spending plans. The legislature must approve a state budget by June 15. Each of the three proposed plans for spending cap-and-trade revenue to reduce greenhouse gas (GHG) […]

In the midst of California’s state budget negotiations, the legislature must separately decide how to spend the state’s cap-and-trade revenue, be it on public transit, high-speed rail, affordable housing near transit, or other emissions-reducing programs. Three different proposals for slicing this new pie come from Governor Jerry Brown, the Senate, and the Assembly. In the next […]