as amended, Corbett.
begin deleteProposition 39: implementation.end delete
The California Clean Energy Jobs Act, an initiative approved by the voters at the November 6, 2012, statewide general election as Proposition 39, made changes to corporate income taxes and, except as specified, provides for the transfer of $550,000,000 annually from the General Fund to the Clean Energy Job Creation Fund for 5 fiscal years beginning with the 2013-14 fiscal year. Moneys in the Clean Energy Job Creation Fund are available, upon appropriation by the Legislature, for purposes of funding eligible projects that create jobs in California improving energy efficiency and expanding clean energy generation. Existing law provides for the allocation of these funds for eligible projects at public school facilities, university and college facilities, and other public buildings and facilities, as well as job training and workforce development, and public-private partnerships, as specified.end delete
This bill would require the State Energy Resources Conservation and Development Commission to develop and administer a competitive financial assistance program for energy efficiency and clean energy onsite generation projects that are consistent with specified provisions of the act and to develop and adopt certain guidelines for the program. The bill would provide that eligible facilities for the competitive financial assistance program include, but are not limited to, hospitals and wastewater treatment facilities. The bill would also provide that eligible facilities include facilities in public school districts, as provided. The bill would appropriate for the 2013-14 fiscal year an unspecified sum from the Clean Energy Job Creation Fund to the commission for the above purpose, thereby making an appropriation.end delete
begin deleteyes end delete.
Fiscal committee: yes.
State-mandated local program: no.
The people of the State of California do enact as follows:
Chapter 7 (commencing with Section 26250) is
33added to Division 16.3 of the Public Resources Code, to read:
(a) The State Energy Resources Conservation and
38Development Commission shall develop and adopt guidelines for,
39and develop and administer, a competitive financial assistance
40program for energy efficiency and clean energy onsite generation
P5 1projects that are consistent with paragraph (3) of subdivision (a)
2of Section 26205. Eligible facilities may include, but are not limited
3to, hospitals and wastewater treatment facilities. Eligible facilities
4shall also include facilities in public school districts with
5kindergarten or grade 1 to 12, inclusive, for clean energy onsite
7(b) In addition to the criteria specified in Section 26206, the
8guidelines adopted pursuant to subdivision (a) shall do all of the
10(1) Establish audit standards and procedures.
11(2) Ensure that the projects receiving financial assistance are
12consistent with the state’s loading order, as described in the Energy
13Plan II jointly adopted by the State Energy Resources Conservation
14and Development Commission and the Public Utilities
16(3) Ensure that the projects are reliable and feasible with total
17energy savings benefits exceeding project costs.
18(4) Establish energy savings
measurement and verification
20(5) If the project is for clean energy onsite generation, require
21that the energy cost savings over 75 percent of the expected life
22of the project will exceed the initial investment.
23(6) Give priority to projects that have the highest energy savings
24relative to the amount of public moneys used to finance the project.
25(c) The State Energy Resources Conservation and Development
26Commission may use its existing grant and financing programs to
27minimize administrative costs associated with the program,
28including the program developed pursuant to the Energy
29Conservation Assistance Act of 1979 (Chapter 5.2 (commencing
30with Section 25410) of Division 15).
The sum of ____ dollars ($____) is hereby appropriated
32for the 2013-14 fiscal year from the Clean Energy Job Creation
33Fund to the State Energy Resources Conservation and Development
34Commission for the purposes of this chapter.