SB 267, as amended, Pavley. Proposition 39: implementation.
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.
This bill would require the State Energy Resources Conservation and Development Commission to develop and administer a financial assistance program to assist the California Community Colleges, the California State University, and the University of California with energy efficiency and clean energy onsite generation projects. The bill would require the commission to develop and adopt specific guidelines for the program. 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.
Vote: majority. Appropriation: yes. Fiscal committee: yes. State-mandated local program: no.
The people of the State of California do enact as follows:
Chapter 6 (commencing with Section 26245) is
2added to Division 16.3 of the Public Resources Code, to read:
3
(a) The State Energy Resources Conservation and
8Development Commission shall develop and administer a financial
9assistance program to assist the California Community Colleges,
10the California State University, and the University of California
11with energy efficiency and clean energy onsite generation projects.
12(b) In addition to the criteria specified in Section 26206, the
13State Energy Resources Conservation and Development
14Commission shall develop and adopt guidelines that do all of the
15following:
16(1) Establish audit standards and procedures.
17(2) Ensure that the projects receiving financial assistance are
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consistent with the state’s loading order, as described in the Energy
19Plan II jointly adopted by the State Energy Resources Conservation
20and Development Commission and the Public Utilities
21Commission.
22(3) Ensure that the projects are reliable and feasible with total
23energy savings benefits exceeding project costs.
24(4) Establish energy savings measurement and verification
25standards.
P3 1(5) Require the recipient of financial assistance to report to the
2commission on energy savings achieved.
3(6) If the project is for clean energy onsite generation, require
4that the energy cost savings over 75 percent of the expected life
5of the project will exceed the
initial investment.
6(7) Give priority to projects that have the highest energy savings
7relative to the amount of public moneys used to finance the project.
8(8) Include funding for the California Community Colleges, the
9California State University, and the University of California in the
10following proportions:
11(A) ____ percent for projects of the California Community
12Colleges.
13(B) ____ percent for projects of the California State University.
14(C) ____ percent for projects of the University of California.
15(9) (A) Require the Chancellor of the California Community
16Colleges to be responsible for submitting to the commission
17applications for financial assistance and reports on project
18outcomes.
19(B) Require the Trustees of the California State University to
20be responsible for submitting to the commission applications for
21financial assistance and reports on project outcomes.
22(C) Require the University of California to be responsible for
23submitting to the commission applications for financial assistance
24and reports on project outcomes.
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).
31(d) For purposes of this section, “financial assistance” means
32revolving loans and grants.
The sum of ____ dollars ($____) is hereby appropriated
34for the 2013-14 fiscal year from the Clean Energy Job Creation
35Fund to the State Energy Resources Conservation and Development
36Commission for the purposes of this chapter.
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