Bill Text: CA AB2208 | 2023-2024 | Regular Session | Introduced

California Assembly Bill 2208

NOTE: There are more recent revisions of this legislation. Read Latest Draft

Bill Title: California Ports Development and Offshore Wind Infrastructure Bond Act of 2024.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced) 2024-04-08 - In committee: Set, first hearing. Hearing canceled at the request of author. [AB2208 Detail]

Download: California-2023-AB2208-Introduced.html

CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Assembly Bill

No. 2208

Introduced by Assembly Members Zbur, Lowenthal, and Wood

February 07, 2024

An act relating to energy.

LEGISLATIVE COUNSEL'S DIGEST

AB 2208, as introduced, Zbur. Offshore wind energy projects: bond act.

Existing law requires the State Energy Resources Conservation and Development Commission, in coordination with specified agencies, to develop a strategic plan for offshore wind energy developments installed off the California coast in federal waters, and requires the commission to submit the strategic plan to the Natural Resources Agency and the Legislature on or before June 30, 2023, as specified. Existing law requires the strategic plan to include, among other things, a plan to improve waterfront facilities that could support a range of floating offshore wind energy development activities, as provided.

This bill would declare the intent of the Legislature to enact legislation to submit to the voters an act authorizing the issuance of general obligation bonds in the amount of $1,000,000,000 for seaport infrastructure improvements to facilitate offshore wind energy projects off the California coast.

Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO

The people of the State of California do enact as follows:

SECTION 1.

It is the intent of the Legislature to enact legislation to submit to the voters an act authorizing the issuance of general obligation bonds in the amount of one billion dollars ($1,000,000,000) for seaport infrastructure improvements to facilitate offshore wind energy projects off the California coast.