August 2009 Issue Updates Archive
Biofuels Update
Legislation
AB-682. Renewable Motor Vehicle Fuels - Companion to SB 380 (Schneider): Subjects a refiner to a penalty if the percentage of renewable fuel sold by the refiner, beginning in 2009, is less than 10 percent and increasing to 25 percent in 2025 and thereafter.
2009 Transportation Budget – Overview
An overview of the 2009-11 Transportation Budget requires discussion of multiple, interrelated parts, including: federal stimulus funding; new state revenues (Oil Company Profits Tax); GPR and SEG supported borrowing; and, revenue transfers to and from the transportation fund and the general fund.