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CA SB1332

Bill

Status

Engrossed

5/23/2024

Primary Sponsor

Benjamin Allen

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Origin

Senate

2023-2024 Session

AI Summary

  • Establishes the Conservation Stewardship Endowment Fund in the State Treasury to support maintenance and stewardship of lands and facilities owned or managed by the Department of Parks and Recreation.

  • Moneys in the fund shall be invested by the Treasurer to generate ongoing earnings for stewardship and maintenance costs of state parks.

  • Fund may receive donations and contributions from public and private entities, partnerships, fees, cash advances, and transfers from the General Fund or other public sources.

  • Requires any funds allocated from the Endowment Fund to supplement, not supplant, the Department of Parks and Recreation's annual budget allocations.

  • Mandates the Legislative Analyst's Office to submit a report to the Legislature by December 31, 2030 reviewing the fund's impact, performance, revenue generation potential, and recommendations for its operation and governance.

Legislative Description

The Conservation Stewardship Endowment Fund.

Last Action

August 15 hearing: Held in committee and under submission.

8/15/2024

Committee Referrals

Appropriations6/25/2024
Water, Parks and Wildlife6/3/2024
Appropriations4/16/2024
Natural Resources and Water2/29/2024
Rules2/16/2024

Full Bill Text

No bill text available