BILL NUMBER: AB 1388 INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Wieckowski FEBRUARY 18, 2011 An act to amend Section 26001 of the Public Resources Code, relating to energy. LEGISLATIVE COUNSEL'S DIGEST AB 1388, as introduced, Wieckowski. California Alternative Energy and Advanced Transportation Financing Authority Act. Existing law establishes the Calfornia Alternative Energy and Advanced Transportation Financing Authority Act, which is intended to provide industry within this state with an alternative method of financing alternative methods and sources of energy in this state. The act includes various legislative findings and declarations relating to the need to develop renewable energy sources and promote energy sources that reduce the degradation of the environment and protect the health, welfare, and safety of the public. This bill would make a technical, clarifying change in those legislative findings and declarations. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 26001 of the Public Resources Code is amended to read: 26001. The Legislature hereby finds and declares all of the following: (a) It is essential that the state, in cooperation with the federal government, use all practical and commercially feasible means to promote the prompt and efficient development of energy sources which are renewable or which more efficiently utilize and conservescarcefinite energy resources. (b) The promotion of energy sources which reduce the degradation of the environment and which protect the health, welfare, and safety of the people of this state is in the public interest and serves a public purpose. (c) It is essential that the state, in cooperation with the federal government, use all practical and commercially feasible means to promote the development and commercialization of advanced transportation technologies to conserve energy, reduce air pollution, promote economic development and jobs, and protect the health, welfare, and safety of the people of the state.