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Assembly debate narrows use of VMT mitigation bank as authors and advocates agree to keep negotiating
Summary
AB 2,552 would limit a CEQA lead agency's ability to require use of the state's VMT mitigation bank unless it is no more costly than the project's alternative mitigation. Supporters emphasize cost-effectiveness; housing and conservation groups warn a cost-only rule could undermine the bank's ability to deliver location-efficient housing.
Assemblymember Alex Lee introduced AB 2,552 to clarify when a CEQA lead agency may require a land-use project to use the state's Vehicle Miles Traveled (VMT) mitigation bank. Lee said the bill is intended to ensure the mitigation bank reduces housing costs rather than increasing them and noted the governor's Land Use and Climate Initiative (LCI) is developing guidelines for the bank.
The bill drew support from industry groups. "Our members would like to use this program," said Silvio Ferrari of the California Building Industry Association, adding that the bank must be…
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