Section 2950.
2950. For purposes of this article, the following definitions apply: (a) “Agency” means the Natural Resources Agency. (b) “Disadvantaged community” has the same meaning as defined in Section 80002 of the Public Resources Code. (c) “Nonprofit corporation” means a nonprofit corporation qualified to do business in California and exempt from taxation under Section 501(c)(3) of the Internal Revenue […]
Section 2951.
2951. (a) There is hereby created the Salton Sea Lithium Fund within the State Treasury to be administered by the Natural Resources Agency. (b) Pursuant to Section 47100 of the Revenue and Taxation Code, moneys generated by the lithium extraction excise tax imposed pursuant to Section 47010 of the Revenue and Taxation Code, and any other moneys […]
Section 2952.
2952. (a) Before allocating moneys pursuant to this article, the agency shall develop and adopt project solicitation and evaluation guidelines. (b) The guidelines may include monitoring and reporting requirements, a limit on the dollar amount of grant awards, and other requirements, including eligibility requirements. (c) The guidelines shall encourage, where feasible, inclusion of the following project components: (1) Efficient […]
Section 2953.
2953. For purposes of implementing this article, the agency may enter into agreements with other agencies, including the Department of Water Resources. (Added by Stats. 2022, Ch. 63, Sec. 1. (SB 125) Effective June 30, 2022.)
Section 2954.
2954. On or before June 30 of each fiscal year, the agency shall report on its internet website the projected operating and maintenance costs of state-developed or -managed public works or restoration projects at the Salton Sea for the following fiscal year that will be funded through the Salton Sea Lithium Fund. (Amended by Stats. […]