Bill > SB74

This bill establishes the Infrastructure Gap-Fund Program within the existing Office of Land Use and Climate Innovation, which will provide grants to local agencies (including counties, cities, and special districts) to help complete infrastructure projects facing unexpected costs after construction has already begun. The program, which will become operational in January 2030, can provide funding up to 20% of a project's additional projected costs, but only under specific conditions: the project must have already started construction, the local agency must have identified additional costs, and the local agency must have already allocated at least 45% of the project's originally budgeted total cost from local tax revenues. When applying for a grant, local agencies must demonstrate challenges in completing the project on time and on budget, and explain how the infrastructure project supports state and local goals. Infrastructure projects eligible for funding include broadband, fire stations, schools, health and safety improvements, and road projects that decrease vehicle miles traveled and improve public health and safety. The office will be responsible for developing guidelines that establish the criteria for evaluating and funding grant applications, ensuring transparency and alignment with the program's objectives.

Budget and Finance, Government Affairs

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB74