Cap-and-Invest Program: nature-based climate solutions: funding.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill directs the California Air Resources Board’s Greenhouse Gas Reduction Fund to provide up to $500 million annually, from FY 2027‑28 through FY 2045‑46, for nature‑based climate solutions on natural, working and urban lands and for sustainable farming practices. Money is split among the Natural Resources Agency, the Department of Food and Agriculture and a discretionary pool controlled by the Legislature. The funding is meant to help the state meet its carbon‑neutrality goals while delivering co‑benefits such as wildfire risk reduction, water quality improvement and job creation.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 2.) (April 6). Re-referred to Com. on APPR. · Apr 7, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · May 14, 2026
• Appropriations Committee Hearing
  Appropriations · Apr 22, 2026
• Appropriations
  Appropriations · Apr 22, 2026
• Natural Resources Committee Hearing
  Natural Resources · Apr 6, 2026
• Natural Resources
  Natural Resources · Apr 6, 2026

History

1. May 14, 2026In committee: Held under submission.
2. Apr 22, 2026In committee: Set, first hearing. Referred to APPR. suspense file.
3. Apr 7, 2026From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 2.) (April 6). Re-referred to Com. on APPR.
4. Apr 6, 2026Re-referred to Com. on NAT. RES.
5. Mar 26, 2026From committee chair, with author's amendments: Amend, and re-refer to Com. on NAT. RES. Read second time and amended.
6. Mar 9, 2026Referred to Com. on NAT. RES.
7. Feb 20, 2026From printer. May be heard in committee March 22.
8. Feb 19, 2026Read first time. To print.

Sponsors

• Wilson · sponsor

Bill text

Opens the legislature’s own copy.

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