(Governor Newsomn Signs Budget Package Thursday)....Included in the package was SB 125, the Public Resources:Geothgermal Resources Bill.
SB 125 is aimed at guarenteeing that communities inb Imperial County directly benefit from the development of Lithium Valkley and that those profiting from the developments pay their equitable and fair share through a reasonable tax on the development and process of mineral extraction. The legislation also includes $5 million for Imperial County to conduct a Prorammatic Environmental Impact Report, health assessment and related community outreach to plan and prepare for the anticipated development. These efforts will include participation from governing bodies, members from the lithium and geothermal industry, community based organizations, and stakeholders to ensure that the industry succeeds and the communities are protected. Assemblymember Eduardo Garcia and State Senator Ben Hueso were at the signing ceremony.