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Budget committee advances AB 1 30, includes VMT mitigation bank provision; passed 13–1
Summary
The Senate Budget Committee approved AB 1 30, a budget trailer bill that includes budget and mitigation provisions tied to housing and infrastructure. Committee approved the bill by a 13–1 roll-call. Members debated the bill—s VMT mitigation bank and urged cleanup language to ensure the fund remains optional and does not raise housing costs.
The Senate Committee on Budget and Fiscal Review voted to pass AB 1 30, a budget trailer bill that includes funding and programmatic elements related to housing and infrastructure and a statewide vehicle-miles-traveled (VMT) mitigation bank. The committee approved AB 1 30 by roll call, 13–1.
Department of Finance and administration witnesses described the VMT mitigation bank as…
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