BILL ANALYSIS                                                                                                                                                                                                    



                                                                       



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          |SENATE RULES COMMITTEE            |                   SB 363|
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                                 THIRD READING


          Bill No:  SB 363
          Author:   Hancock (D)
          Amended:  5/28/09
          Vote:     21

           
           SENATE ENERGY, UTILITIES & COMUN. COMMITTEE  :  7-0, 4/27/09
          AYES:  Padilla, Corbett, Kehoe, Lowenthal, Simitian,  
            Wiggins, Wright
          NO VOTE RECORDED:  Benoit, Calderon, Cox, Strickland

           SENATE APPROPRIATIONS COMMITTEE  :  7-5, 5/28/09
          AYES:  Kehoe, Corbett, DeSaulnier, Hancock, Leno, Oropeza,  
            Yee
          NOES:  Cox, Denham, Runner, Walters, Wyland
          NO VOTE RECORDED:  Wolk


           SUBJECT  :    Solar Energy School Subaccount

           SOURCE :     Coalition for Adequate School Housing
                      Kyoto USA


           DIGEST  :    This bill establishes the Solar School  
          Subaccount (Subaccount) in the State Energy Conservation  
          Assistance Account.  The Subacccount shall be available for  
          the deposit of funds, including, but not limited to, the  
          American Reinvestment and Recovery Act of 2009 (Public Law  
          111-5).  Funds in the Subaccount, upon appropriation by the  
          Legislature, shall be used for loans at an interest rate no  
          higher than 1.5 percent to schools to utilize for the  
          installation of solar energy systems pursuant to the Energy  
                                                           CONTINUED





                                                                SB 363
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          Conservation Association Act of 1979.

           ANALYSIS  :    

          The Energy Conservation Assistance Act of 1979 establishes,  
          until January 1, 2011, the State Energy Conservation  
          Assistance Account, a continuously appropriated account,  
          that is administered by the State Energy Resources  
          Conservation and Development Commission to provide grants  
          and loans to local government and public institutions,  
          including, among others, schools, to maximize energy use  
          savings.

          This bill is intended to make the purchase and installation  
          of energy renewable systems cost-neutral for school  
          districts by making loans at an interest rate no higher  
          than 1.5 percent available to school districts.  This bill  
          creates the Solar School Subaccount within the State Energy  
          Conservation Assistance Account and administered through  
          the California Energy Commission.  School districts can  
          purchase energy renewable systems such as photovoltaic  
          systems up to one megawatt per year and finance the  
          purchase through low interest loans available to school  
          districts.  The payment made for any loan is made from the  
          avoided electricity costs as a result of PV systems.

          Upon appropriation by the Legislature, funds from the  
          American Reinvestment and Recovery Act of 2009 will be  
          deposited into the Subaccount.  The funds will be available  
          to public school districts regardless of other funds a  
          district may be eligible for.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes    
          Local:  No

           SUPPORT  :   (Verified  6/1/09)

          Coalition for Adequate School Housing (co-source)
          Kyoto USA (co-source)
          Albany (CA) Sustainability Committee
          Albany Coalition for Environmental Health
          Albany Unified School District's Pool Sustainability  
          Committee
          Bay Localize







                                                                SB 363
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          BookFinder.com
          California Interfaith Power and Light
          Carbon Neutral Albany
          City of Albany
          City of Richmond
          City of Richmond
          Community Environmental Council
          Creekcats Environmental Partners
          Dharma Merchant Services
          Dreyfuss & Blackford Architects
          Global Green
          Green Chamber of Commerce
          Green Sangha
          Greenbank Associates
          HeliomU
          Interactive Resources, Inc.
          Physicians for Social Responsibility
          Renewable Funding
          San Francisco Bay Area Chapter of Physicians for Social  
          Responsibility
          Sequoia Foundation
          Sierra Club Northern Alameda Group
          Sierra Club, California
          Solar Panels for Albany High
          Solar Richmond
          South Bay Cities Council of Government
          SunPower
          The Ecology Center
          The Vote Solar Initiative
          Warner Bros. Entertainment
          West Sonoma County Union High School District


          DLW:do  6/1/09   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  SEE ABOVE

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