State of California
                      AIR RESOURCES BOARD
                                
                      San Franciscan Hotel
                        Crystal Ballroom
                       1231 Market Street
                       San Francisco, CA
                                
                         April 24, 1980
                           10:00 a.m.
                                
                             AGENDA

                                                             Page

80-8-1    Public Meeting to Consider Adopting Policy for      001
          the Implementation and Review of Systems for the
          Banking of Reductions in the Emission of Air
          Contaminants.

80-8-2    Consideration of Resolution Regarding the Relationship
          Between the Air Resources Board and Local Governments
          and their Regional Agencies in Efforts to Improve
          California's Air Quality.

80-8-3    Public Meeting Regarding Designation of Nonattainment
          Area Lead Agencies for the San Francisco Bay Area.

80-8-4    Other Business
          a.   Research Proposals
          b.   Delegations to Executive Officer
          c.   Executive Session
               Personnel
               Litigation

                         ITEM NO.: 80-8-1

Public Meeting to Consider Adopting Policy for the Review of
District Regulations on Banking of Emissions Reductions.

                             SUMMARY

In 1979 the state legislature added Sections 40709 through 40713
to the Health and Safety Code (SB 847), authorizing air pollution
control and air quality management district boards to establish
by regulation systems for banking emissions reductions.  The new
sections also authorize the ARB to review locally adopted banking
rules within 60 days of adoption.  Although each district should
have the flexibility to tailor its banking system to its own new
source review rule, it is important that the regulations
establish a system which is consistent with Clean Air Act and
Health and Safety Code requirements for attaining and maintaining
ambient air quality standards.  The staff is proposing that the
Board adopt policy regarding the approvability of district
banking regulations, to provide the districts and the staff with
guidance for developing and reviewing banking regulations.

The policy which the staff is proposing addresses the following
issues:

1.   Emissions reductions eligible for banking.
2.   Procedure for banking emissions reductions.
3.   Ownership of banked emissions reductions.
4    Use of banked emissions reductions.
5.   Relationship of banked emission reductions to reasonable
     further progress.
6.   Community and other special project banks.

The staff report discusses these issues in detail and recommends
that the Board adopt policy for addressing these issues.