BILL NUMBER: AB 1392	CHAPTERED
	BILL TEXT

	CHAPTER  488
	FILED WITH SECRETARY OF STATE  OCTOBER 6, 2011
	APPROVED BY GOVERNOR  OCTOBER 5, 2011
	PASSED THE SENATE  SEPTEMBER 10, 2011
	PASSED THE ASSEMBLY  SEPTEMBER 10, 2011
	AMENDED IN SENATE  SEPTEMBER 10, 2011

INTRODUCED BY   Assembly Members Bradford and Williams

                        FEBRUARY 23, 2011

   An act to amend Section 25471 of the Public Resources Code,
relating to energy, and making an appropriation therefor.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1392, Bradford. Energy.
   Existing law authorizes the State Energy Resources Conservation
and Development Commission to administer funds appropriated by the
federal American Recovery and Reinvestment Act of 2009 (federal act)
for the Energy Efficiency and Conservation Block Grant Program.
Existing law establishes the Energy Efficient State Property
Revolving Fund (fund) and continuously appropriates the moneys in the
fund to the Department of General Services for loans for projects on
state-owned buildings and facilities to achieve greater, long-term
energy efficiency, energy conservation, and energy cost and use
avoidance.
   This bill would, for the 2011-12 and 2012-13 fiscal years,
authorize the commission to transfer an amount of money as the
commission determines to be appropriate, up to a maximum of
$50,000,000, from the moneys received from the federal act into the
fund. By requiring the transfer of moneys into a continuously
appropriated fund, this bill would make an appropriation. The bill
would require the commission to provide written notice to the
Controller on the amount and the timing of the transfer. The bill
would require the commission to notify, in writing, the Joint
Legislative Budget Committee.
   Appropriation: yes.


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

  SECTION 1.  Section 25471 of the Public Resources Code is amended
to read:
   25471.  (a) There is hereby created in the State Treasury the
Energy Efficient State Property Revolving Fund for the purpose of
implementing this chapter. Notwithstanding Section 13340 of the
Government Code, the money in this fund is continuously appropriated
to the department, without regard to fiscal years, for loans for
projects on state-owned buildings and facilities to achieve greater,
long-term energy efficiency, energy conservation, and energy cost and
use avoidance.
   (b) The fund shall be administered by the department. The
department may use other funding sources to leverage project loans.
   (c) For the 2009-10 fiscal year, the sum of twenty-five million
dollars ($25,000,000) shall be transferred into the Energy Efficient
State Property Revolving Fund from money received by the commission
pursuant to the act to be used for purposes of the federal State
Energy Program.
   (d) (1) For the 2011-12 and 2012-13 fiscal years, the commission
may transfer up to fifty million dollars ($50,000,000), in total, as
the commission determines to be appropriate, into the Energy
Efficient State Property Revolving Fund from money received by the
commission pursuant to the act to be used for the purposes of the
federal State Energy Program.
   (2) The commission shall provide written notice to the Controller
on the amount and timing of the transfer of moneys into the fund.
   (3) Subject to the limitations of paragraph (1), the commission
may make multiple transfers to allow for reallocating available funds
from project cancellations and project savings.
   (4) Notwithstanding Section 9795 of the Government Code, the
commission shall notify, in writing, the Joint Legislative Budget
Committee when a transfer is made pursuant to this subdivision.
   (e) The Controller shall disburse moneys in the fund for the
purposes of this chapter, as authorized by the department.
   (f) Moneys in the fund, including all interest earnings, shall be
clearly delineated and distinctly accounted for in accordance with
the requirements of the act.