CA AB1448

Extends restrictions on oil and gas lease renewals, extensions, amendments, and modifications on state tidelands to also cover lease assignments, requiring the State Lands Commission or local trustees to provide 180-day public notice and consider factors including environmental protection, public trust impacts, and whether the infrastructure has experienced oil spills

Requires all offshore oil transported onshore to use pipelines with "best achievable technology," and mandates onshore transport to processing facilities also use "best available technology," eliminating previously authorized alternative transportation modes except during Governor-declared emergencies

Redefines "expanded oil extraction" to include reactivation of facilities idled for more than 5 years (changed from 3 years) and any increased extraction from hydraulic fracturing, extended reach drilling, acidization, or other unconventional technologies

Requires a new coastal development permit for repair, reactivation, or maintenance of any oil and gas facility or oil pipeline that has been idled, inactive, or out of service for 5 or more years, treating such activities as new or expanded development

Requires lessees seeking lease assignment approval to demonstrate finalized certificates of financial responsibility from the Office of Spill Prevention and Response and provide financial assurances for decommissioning before the commission can approve the assignment