Sea level rise: working group: economic analyses.

Existing law requires state agencies to take into account the current and future impacts of climate change when planning, designing, building, operating, maintaining, and investing in state infrastructure. Existing law requires specified entities to submit to the Natural Resources Agency sea level rise planning information, as provided. This bill would require state agencies to take into account the current and future impacts of sea level rise when planning, designing, building, operating, maintaining, and investing in coastal infrastructure, or otherwise approving, to the extent not in conflict with an appropriation or any other law, the dispersal of state funds for those purposes. The bill would require, by March 1, 2021, the Ocean Protection Council, in consultation with the Office of Planning and Research, to establish a multiagency working group, consisting of specified individuals, on sea level rise to provide recommended policies, resolutions, projects, and other actions to address sea level rise, the breadth of its impact, and the severity of its anticipated harm. The bill would require the working group to, among other things, develop, in consultation with the Office of Planning and Research, a standardized methodology and template for conducting economic analyses of risks and adaptation strategies associated with sea level rise, as provided. The bill would require state agencies to conduct economic analyses of risks and adaptation strategies associated with sea level rise for all state-funded projects, and restrict funding as needed, to the extent not in conflict with an appropriation or any other law, pursuant to this methodology. The bill would require state agencies to annually submit, on or before ______, a form, that the Controller would be required to create, to the Controller that certifies that the state agency is in compliance with certain of the above provisions. The bill would authorize the Controller to conduct audits of state agencies to ensure compliance with certain of the above provisions.