AB 239, as introduced, Hagman. Energy: school facilities: energy efficiency upgrade projects.
The California Clean Energy Jobs Act, an initiative measure enacted by voters at the November 6, 2012, statewide general election, establishes the Clean Energy Job Creation Fund and requires moneys in the fund to be available for appropriation during specified fiscal years for, among other things, the purposes of funding energy efficiency retrofit and clean energy installation projects in schools and other public facilities.
This bill would establish the California Clean Energy School Fund in the State Treasury. The bill would transfer 50% of the moneys deposited into the Clean Energy Job Creation Fund to the California Clean Energy School Fund during specified fiscal years and would require the Office of Public School Construction to expend moneys in the fund, upon appropriation by the Legislature, to fund a zero-interest revolving loan program for school districts to perform energy efficiency retrofit or clean energy installation projects at public schools.
Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no.
The people of the State of California do enact as follows:
Chapter 5 (commencing with Section 26230) is
2added to Division 16.3 of the Public Resources Code, to read:
3
(a) The California Clean Energy School Fund is hereby
7established in the State Treasury.
8(b) For fiscal years 2013-14, 2014-15, 2015-16, 2016-17, and
92017-18, 50 percent of the moneys deposited into the Clean Energy
10Job Creation Fund established pursuant to Section 26205 is hereby
11transferred to the California Clean Energy School Fund.
12(c) Moneys in the California Clean Energy School Fund shall,
13upon appropriation by the Legislature, be expended by the Office
14of Public School Construction to fund a zero-interest revolving
15loan program for school districts to perform energy efficiency
16retrofit or clean energy installation projects at public
schools.
O
99