California Public Resources Code ARTICLE 9.5 - Timber Regulation and Forest Restoration Fund

• Section 4629.
  The Legislature finds and declares all of the following:(a) A thriving in-state forest products sector provides public benefits, including employment opportunities in both rural and urban...
• Section 4629.1.
  The Legislature further finds that the state’s forest practice regulatory program needs to develop adequate performance measures to provide transparency for both the regulated community...
• Section 4629.2.
  In enacting this article, it is the intent of the Legislature to accomplish all of the following:(a) Promote and encourage sustainable forest practices consistent with provisions...
• Section 4629.3.
  (a) The Timber Regulation and Forest Restoration Fund is hereby created in the State Treasury. All revenues received from the assessments imposed pursuant to Section...
• Section 4629.4.
  (a) On or before October 1, 2012, the board shall adopt a regulation that interprets and makes specific the lumber products and engineered wood products...
• Section 4629.5.
  (a) (1) There is hereby imposed an assessment on a person who purchases a lumber product or an engineered wood product for storage, use, or other consumption...
• Section 4629.6.
  Moneys deposited in the fund shall, upon appropriation by the Legislature, only be expended for the following purposes:(a) To reimburse the State Board of Equalization for...
• Section 4629.7.
  All grants made pursuant to subdivisions (g) and (h) of Section 4629.6 shall fund activities that do any of the following, in order of priority:(a) Improve...
• Section 4629.8.
  (a) Funds deposited in the fund shall be appropriated in accordance with the following priorities:(1) First priority shall be for funding associated with the administration and delivery...
• Section 4629.9.
  (a) On or before January 10, 2013, and on each January 10 thereafter in conjunction with the 2014–15 Governor’s Budget and each Governor’s Budget thereafter, the...
• Section 4629.11.
  (a) Notwithstanding any other law, the revenues in any fiscal year may be accounted for on an accrued basis. The department may borrow against anticipated...
• Section 4629.12.
  (a) The Director of Finance shall authorize a loan, from the General Fund to the fund, to implement the activities described in Section 4629.6.(b) Any loan...
• Section 4629.13.
  Notwithstanding any other law, the Controller may use the moneys in the fund for cashflow loans to the General Fund, as provided in Sections 16310...

Last modified: October 22, 2018