SB 867 – Assembly Floor Vote
Climate Bond
With the multi-year state climate budget having been significantly cut, we know we cannot rely on such a volatile general fund to provide sustained funding for major projects- we need all options on the table to finance the transition during the next few years. SB 867 represents a thoughtful balance of conservation, resilience, clean energy, and environmental equity with a focus on the state’s most pressing issues: drinking water, flood prevention, wildfire prevention and resilience, park access, extreme heat mitigation, sustainable agriculture, sea level rise and coastal resilience, clean energy, protecting biodiversity, and investing in nature based solutions. This climate bond is a great deal for California taxpayers because for every dollar we don't spend on climate we will spend between six to ten times as much on emergency management, failing infrastructure, high energy bills, and public health costs. The Climate Bond- Proposition 4- was approved by voters overwhelmingly in the November 2024 election.
Bill info from the legislature
Issues: Conservation and Resilience
Supported
Signed into Law
Top Priority Bill
Status:
Signed into Law
Yes 66
No 6
Abstain 7
Yes 33
No 6
Abstain 1
Signed
