BILL NUMBER: SB 1298	INTRODUCED
	BILL TEXT


INTRODUCED BY   Committee on Energy, Utilities, and Communications
(Senators Bowen (Chair), Alarcon, Baca, Brulte, Hughes, Kelley,
Mountjoy, Peace, Solis, Speier, and Vasconcellos)

                        MARCH 1, 1999

   An act relating to energy resources.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 1298, as introduced, Committee on Energy, Utilities and
Communications.  Energy resources:  federal oil overcharge funds.
   Under existing law, funds in the Petroleum Violation Escrow
Account, as defined in federal law, consisting of federal oil
overcharge funds, have been disbursed to this state by the federal
government and deposited in the Federal Trust Fund in the State
Treasury, a continuously appropriated fund.
   This bill would declare the Legislature's intent that, to the
extent permitted by federal law, the sum of $____ be appropriated,
without regard to fiscal years, for projects and programs designed to
promote energy conservation.
   Vote:  majority.  Appropriation:  no.  Fiscal committee:  no.
State-mandated local program:  no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:


  SECTION 1.  It is the intent of the Legislature that,
notwithstanding Sections 13340 and 16361 of the Government Code, and
to the extent permitted by federal law, the sum of ____ dollars
($____) of the money in the Federal Trust Fund, created by Section
16360 of the Government Code, received by the state from federal oil
overcharge funds in the Petroleum Violation Escrow Account, as
defined by Section 155 of the Further Continuing Appropriations Act
of 1983 (P.L. 97-377) or other federal law, and consisting of federal
oil overcharge funds available pursuant to court judgments or
federal agency orders, be appropriated, without regard to fiscal
years, for projects and programs designed to promote energy
conservation.