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State allocates roughly $3.2 billion in CCA revenues for transportation, buildings, justice and resiliency projects

Governor's Office - Boards & Commissions · May 13, 2024
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Summary

Jim Cahill of the Office of Financial Management reported about $3.2 billion in appropriations from Climate Commitment Act revenues for the biennium and supplemental budgets, with $1.2 billion for clean transportation and sizable allocations for building decarbonization, environmental justice, resilience, and agriculture.

The Washington Office of Financial Management and implementation partners detailed how Climate Commitment Act revenues have been appropriated and how those funds are being used across the state.

Jim Cahill, senior budget adviser, said the legislature appropriated about $3.2 billion in CCA revenues across the biennial and supplemental budgets. "Overall, between the biennial budget and the supplemental budget, there's been $3,200,000,000 appropriated by the legislature of Climate…

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