California AB267 would allocate greenhouse gas reduction fund proceeds to high-speed rail, water infrastructure, and wildfire prevention.
California AB267 would allocate proceeds from the Greenhouse Gas Reduction Fund to various programs. Specifically, it would direct 35% of the fund to the High-Speed Rail Authority for initial operating segments and Phase I Blended System. Additionally, 25% would be transferred to the General Fund for water infrastructure and wildfire prevention. The bill also appropriates funds to the Department of Forestry and Fire Protection for healthy forest and fire prevention programs. The fund's proceeds would be used to improve climate change adaptation and resiliency in disadvantaged communities.
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