Newsom Budget Leaves Out Funds for California Emissions Reports

Jan. 10, 2024, 10:27 PM UTC

California Gov. Gavin Newsom (D) proposed a $208.7 billion state budget Wednesday without funding for implementation of the state’s new emissions reporting laws, raising uncertainty about the program’s future and how exactly companies covered under the rules should comply.

The governor’s proposed budget left out funding for many newly passed laws as he seeks to balance the budget amid a deficit he pegged at $37.9 billion. Newsom’s office noted that the proposal released Wednesday is not the last step and will be changed in May as policymakers get new data on the state’s financial position. But backers of the emissions ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.