The California Voluntary Carbon Market Disclosures Act (AB 1305), signed into law by California Governor Gavin Newsom in October, did not address when initial disclosures are required, leading to concerns that companies subject to the statute will need to make their initial website disclosures by January 1, 2024, the effective date of the statute. On December 6, a letter from Assemblymember Jesse Gabriel, the author of AB 1305, to the Chief Clerk of the California Assembly was made public. The letter states that, while AB 1305 does not specify the date on which the first set of disclosures must be posted to a company’s website, it was Assemblymember Gabriel’s intent that the first annual disclosure should be posted by January 1, 2025.