§ 48703.1. — 48703.1. (Added by Stats. 2024, Ch. 989, Sec. 15.)

(a)
The stewardship plan shall demonstrate sufficient funding for the stewardship program, including a funding mechanism for securing and disbursing funds to fully cover administrative, operational, and capital costs, including the assessment of charges on paint products covered by the program and sold by manufacturers in this state.
(b)
Administrative costs shall include the department’s actual and reasonable regulatory costs, which include full personnel costs, to implement and enforce this chapter as the criteria for all the costs are defined in the regulations adopted pursuant to Section 48701.1. For purposes of this subdivision, implementation begins once the department approves the stewardship plan, except the department’s costs include
actual regulatory development costs and other startup costs incurred before the submittal of a stewardship plan and approval of a stewardship plan.
(c)
The funding mechanism shall include the stewardship assessment required by Section 48704.1 and a description of how it is calculated.
(d)
The funding mechanism shall include a budget that establishes a funding level sufficient to operate the stewardship organization, as applicable, in a prudent and responsible manner. The budget shall demonstrate how estimated revenues will cover all budgeted costs for each cost category. Budgeted costs may include, but are not be limited to, administrative costs, education and outreach costs, operational costs, and capital costs.

Legislative History

Added by Stats. 2024, Ch. 989, Sec. 15. (SB 1143) Effective January 1, 2025.