BILL ANALYSIS Ó
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|SENATE RULES COMMITTEE | AB 1392|
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THIRD READING
Bill No: AB 1392
Author: Bradford (D) and Williams (D)
Amended: 9/9/11 in Senate
Vote: 21
PRIOR VOTES NOT RELEVANT
SUBJECT : Energy: American Recovery and Reinvestment Act
SOURCE : Author
DIGEST : This bill authorizes the California Energy
Commission (CEC) to transfer an additional $50 million to
the Department of General Services (DGS) for the Energy
Efficient State Property Revolving Loan Program in the
2011-12 and 2012-13 fiscal years, to help finance energy
efficiency retrofits in state buildings.
Senate Floor Amendments of 9/9/11 delete the Assembly
version of this bill relating to the California Solar
Initiative and instead extend the authority in existing law
for allocation of ARRA (American Recovery and Reinvestment
Act) funds for energy efficiency, and insert the provisions
above.
ANALYSIS : Existing law authorizing CEC expenditure of
ARRA funds for the State Energy Program allocates $25
million for the 2009-10 fiscal year to the DGS for the
Energy Efficient State Property Revolving Loan Program to
help finance energy efficiency retrofits in state
CONTINUED
AB 1392
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buildings. Additional State Energy Program funds were
allocated to a variety of other energy efficiency programs.
All ARRA State Energy Program funds have an expenditure
deadline of April 30, 2012.
Under ARRA, the CEC received $226 million in State Energy
Program funds for increasing energy efficiency to reduce
energy costs and consumption, cut reliance on imported
energy, and shrink energy impacts on the environment.
This bill:
1. Authorizes the CEC to transfer an additional $50 million
to the DGS for the energy efficient state property
revolving loan program in the 2011-12 and 2012-13 fiscal
years, to help finance energy efficiency retrofits in
state buildings.
2. Requires the CEC to provide written notice to the State
Controller on the amount and timing of the transfer of
moneys into the fund.
3. Requires the CEC to notify, in writing, the Joint
Legislative Budget Committee when a transfer is made
pursuant to this subdivision.
Comments
With these amendments, this bill provides a simple fix in
law to ensure that the CEC can expend funds provided by
ARRA in the designated timeframe. It is a technical fix
that will ensure that the CEC can spend the remainder of
its ARRA energy funds for the benefit of Californians.
This authority gives the CEC maximum flexibility to expend
all the ARRA funds by the 2012 deadline, in accordance with
the rules of the federal Department of Energy.
FISCAL EFFECT : Appropriation: No Fiscal Com.: No
Local: No
RM:mw 9/9/11 Senate Floor Analyses
AB 1392
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SUPPORT/OPPOSITION: NONE RECEIVED
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