BILL NUMBER: AB 2529	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Williams

                        FEBRUARY 21, 2014

   An act to amend Section 26004 of the Public Resources Code,
relating to energy.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2529, as introduced, Williams. Energy: alternative energy and
advanced transportation.
   Existing law establishes the California Alternative Energy and
Advanced Transportation Financing Authority consisting of specified
members and authorizes the authority to provide financial assistance
to projects related to the utilization of alternative energy sources
or advanced transportation technologies.
   This bill would make a technical, nonsubstantive change to this
law.
   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 26004 of the Public Resources Code is amended
to read:
   26004.  (a) There is in the state government the California
Alternative Energy and Advanced Transportation Financing Authority.
The authority constitutes a public instrumentality and the exercise
by the authority of powers conferred by this division is the
performance of an essential public function.
   (b) The authority shall consist of five members, as follows:
   (1) The Director of Finance.
   (2) The Chairperson of the State Energy Resources Conservation and
Development Commission.
   (3) The President of the Public Utilities Commission.
   (4) The Controller.
   (5) The Treasurer, who shall serve as the chairperson of the
authority.
   (c) The members listed in  paragraphs (1) to (5),
inclusive, of  subdivision (b) may each designate a deputy
or clerk in his or her agency to act for and represent the member at
all meetings of the authority.
   (d) The first meeting of the authority shall be convened by the
Treasurer.