Chapter 5Powers and Duties
Section § 71550
This section explains that once a majority of the board members are appointed, they will act as the founders of an endowment. They must complete all necessary steps to create this endowment under the Nonprofit Public Benefit Corporation Law.
Additionally, the law specifies that the endowment should only be incorporated after the board has received an initial application notice from the Department of Fish and Game.
Section § 71551
This section states that the California Endowment for Marine Preservation is designated to receive money that is collected under the California Marine Resources Legacy Act. This act involves various regulations tied to marine conservation and management.
Section § 71552
The endowment is designed to provide ongoing funding for projects aiming to conserve and improve California's coastal and marine resources. Grants can go to public agencies or nonprofits for activities such as research, habitat enhancement, enforcement programs, sustainable fishing initiatives, and more. Up to 10% of funds annually may be used for research, which should leverage local academic expertise. The goal is to foster sustainable marine activities and protect open coastal waters.
The endowment is not a substitute for regular budget funding for these efforts. It can also secure grants or loans and partner with various agencies or institutions to further its mission. A business plan must be created and updated yearly, and an annual report must be submitted to the Governor and the Legislature detailing the previous year's activities, financial health, and specific grants or loans awarded.
Section § 71553
This law states that board members and relevant staff must be ready to provide testimony to suitable legislative committees when required.
Section § 71554
This law states that the endowment is forbidden from giving any money or support to political parties, candidates running for public office, or initiatives on the ballot.
Section § 71555
This law allows the endowment to hire its own employees and obtain legal counsel, but these employees are not considered state employees of California. They are also not covered by certain state labor laws as outlined in specified government codes. However, they are entitled to representation rights under federal labor law, specifically the National Labor Relations Act.
Section § 71556
This law section states that the endowment must work together with various state and federal agencies involved in environmental conservation and marine management, such as the Department of Fish and Game and the California Coastal Commission. It also clarifies that this coordination does not reduce the authority or responsibilities of those agencies.