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Senate subcommittee hears request for staffing and $26M to stand up transmission accelerator under Prop 4
Summary
GoBiz and the I‑Bank told the subcommittee the governor seeks nearly $26 million and 10 limited‑term positions over five years to operate a transmission accelerator created by SB 254 and funded by Proposition 4; the Legislative Analyst’s Office urged lawmakers to add statutory guidance and said many implementation details remain unresolved.
Lauren Greenwood, the senior deputy for legislative and external affairs at GoBiz, opened the subcommittee’s first discussion item and laid out the administration’s plan to implement SB 254 and a California Transmission Accelerator Revolving Fund funded by Proposition 4.
"Our BCP before you includes a request for staffing and resources, nearly $26,000,000 in total over program administration over five years," Greenwood told the committee, asking for 10 limited‑term positions to evaluate projects, manage incoming Prop 4 funds and support loan servicing.
The administration said the I‑Bank will evaluate…
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