BILL ANALYSIS Appropriations Committee Fiscal Summary SB 1298 (Bowen) Hearing Date: 5/10/99 Amended: 4/5/99 Consultant: Bob Franzoia Policy Vote: E,U&C 9-0 ____________________________________________________________ BILL SUMMARY: SB 1298 would, to the extent permitted by federal law, appropriate $14,000 from the Petroleum Violation Escrow Account (PVEA) to the California Energy Commission (CEC) for specified energy conservation projects and programs. Fiscal Impact (in thousands) Major Provisions 1999-2000 2000-01 2001-02 Fund Appropriation $14,000 Special* * Petroleum Violation Escrow Account STAFF COMMENTS: This bill meets the criteria to be placed on the Suspense file. In 1996-97, the Legislature and the Governor failed to reach an agreement on the expenditure of PVEA funds. In 1997-98, Chapter 659, Statutes of 1997 (SB 368, Peace) appropriated $32,646,000. In 1998-99, the PVEA had a fund balance of $12,400,000. No appropriation, other than that provided in the 1998 Budget Act, was made. For 1999-00, the PVEA has a fund balance of approximately $14,000,000. Of that amount, the Governor's proposed Budget appropriates $9,000,000 for low income residence weatherization work performed by the California Conservation Corps and $1,000,000 for energy conservation work by the CEC, leaving $4,000,000 for individual member projects. The bill would appropriate that money to the CEC for grants that are available to all local air quality management districts, on a matching basis, for local programs to buy down the cost of zero-emission vehicles and infrastructure ($2,500,000) and for grants that are available to all counties and cities, on a competitive basis, to buy-down the cost of acquiring zero-emission vehicles and infrastructure for use in their own fleets ($1,000,000). The bill also would appropriate $500,000 for grants to the Department of General Services, the Senate Committee on Rules and the Assembly Committee on Rules to acquire zero-emission vehicles and infrastructure.