AB 5: Greenhouse Gas Reduction Fund – High-Speed Rail Authority

California State Capitol Building Sacramento by Christopher Padalinski
California State Capitol Building Sacramento by Christopher Padalinski

AB 5 (Fong) This bill would suspend the appropriation to the High-Speed Rail Authority for the 2023–24 and 2024–25 fiscal years and would require the transfer of those amounts from moneys collected by the state board to the General Fund. The bill would specify that the transferred amounts shall be available, upon appropriation, to augment funding for K–12 education and to support full-time in-person instruction for all students. STATUS: Heard March 15 and amended in Asm Transportation Committee, re-referred to same committee. Also referred to Nat. Resources Committee.