Article 9.5 - Timber Regulation and Forest Restoration Fund

California Public Resources Code — §§ 4629-4629.13

Sections (5)

Amended by Stats. 2025, Ch. 236, Sec. 21. (SB 831) Effective January 1, 2026.

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 areas, and economic development for rural communities.
(b)Enabling continued economically viable production of forest products can help to protect the state’s forest lands from conversion to other uses.
(c)The state’s forest practice regulations provide for environmental protection of the state’s air, water, habitat, geology, and soil resources.
(d)Consumers of wood products in the state currently do not directly pay for the state’s forest practice program and the costs of protecting the state’s natural resources.
(e)Current in-state producers of wood products already bear a significant cost of conforming with the state’s environmental laws, which economically disadvantages those producers relative to out-of-state production.
(f)Conforming with the state’s environmental laws ensures that wildlife, habitat, clean air, forest, and water quality receive some protection.

Added by Stats. 2012, Ch. 289, Sec. 3. (AB 1492) Effective September 11, 2012.

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 and other stakeholders.

Added by Stats. 2012, Ch. 289, Sec. 3. (AB 1492) Effective September 11, 2012.

(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 revenues to the fund to meet cashflow needs.
(b)Notwithstanding any other law, a loan obtained pursuant to subdivision (a) shall be interest free. The department shall repay the loan in a timely manner from reserves received into the fund.

Added by Stats. 2012, Ch. 289, Sec. 3. (AB 1492) Effective September 11, 2012.

(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 made pursuant to this section shall be repaid, with interest at the pooled money investment rate, from revenues from the assessment imposed pursuant to Section 4629.5.

Added by Stats. 2012, Ch. 289, Sec. 3. (AB 1492) Effective September 11, 2012.

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 and 16381 of the Government Code. Any such loan shall be exempt from paragraph (2) of subdivision (b) of Section 16310 of the Government Code. Interest shall be paid on all moneys loaned to the General Fund and shall be computed at a rate determined by the Pooled Money Investment Board to be the current earning rate of the fund from which the money is loaned. This section does not authorize any transfer that would interfere with the carrying out of the object for which these funds were created.