BILL NUMBER: AB 932	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Blumenfield

                        FEBRUARY 18, 2011

   An act to amend Section 3384 of the Public Utilities Code,
relating to energy.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 932, as introduced, Blumenfield. Consumer Power and
Conservation Financing Authority: renewable energy resources.
   Existing law creates the California Consumer Power and
Conservation Financing Authority with the responsibility to implement
certain purposes, including to provide loans to consumers and
businesses for the purpose of an electric or natural gas energy
conservation program or any program for the use of renewable energy
resources, as approved by the State Energy Resources Conservation and
Development Commission (Energy Commission), the Public Utilities
Commission (PUC), or a participating local publicly owned electric
utility. Existing law prohibits the authority from financing or
approving any new program, enterprise, or project on or after January
1, 2007.
   This bill would make an exception to the above-described
prohibition for a program for the use of renewable energy resources
as approved by the Energy Commission, PUC, or local publicly owned
electric utility.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 3384 of the Public Utilities Code is amended to
read:
   3384.  The authority may not finance or approve any new program,
enterprise, or project on or after January 1, 2007,  unless
authority to approve such an activity is granted by statute enacted
on or before January 1, 2007   except a program for the
use of renewable energy resources undertaken pursuant to sub 
 division (c) of Section 3365  .