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RCTC staff: governor vetoed SB 512; cap-and-invest extension signed; federal CR uncertainty noted
Summary
RCTC staff told the committee Oct. 27 that Governor Newsom vetoed SB 512 and signed an extension of the state cap‑and‑invest program through 2045, while federal appropriations uncertainty prompted postponement of an advocacy trip to Washington, D.C.
Staff provided a combined state and federal policy update Oct. 27, noting the governor's veto of SB 512 and the Legislature's and governor's action to extend the state's cap‑and‑trade program (renamed cap and invest) through 2045.
Tyler (staff presenter) said SB 512, sponsored by the Self Help Counties Coalition and authored in the Senate by a Pasadena senator, would have clarified that districts with sales tax authority — including transportation agencies such as…
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