WHAT YOU NEED TO KNOW: Governor Newsom signed the infrastructure streamlining package accelerating construction timelines on the projects necessary to achieving the state’s ambitious climate and clean energy goals. The Governor also signed other pieces of the 2023-24 state budget deal reached with lawmakers.

SACRAMENTO – Today, Governor Gavin Newsom signed into law a slate of bills to accelerate critical infrastructure projects across California that help build our 100% clean electric grid, ensure safe drinking water and boost the state’s water supply and modernize our transportation system.

The legislation represents an urgent push by Governor Newsom to take full advantage of an unprecedented $180 billion in state, local, and federal infrastructure funds over the next ten years – critical to achieving California’s world-leading climate and clean energy goals while also creating up to 400,000 good-paying jobs.

By streamlining permitting, cutting red tape, and allowing state agencies to use new project delivery methods, this legislation will maximize taxpayer dollars and accelerate timelines of projects throughout the state, while ensuring appropriate environmental review and community engagement.

Governor Newsom also signed components of the 2023-24 state budget agreement, which includes $37.8 billion in total budgetary reserves – the largest in state history – including $22.3 billion in the Rainy Day Fund amid continued global economic uncertainty. The budget closes a...

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