SB 1271, as introduced, Leno. Energy: alternative energy and advanced transportation.
Existing law establishes the California Alternative Energy and Advanced Transportation Financing Authority consisting of 5 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 add two additional members to the authority, one appointed by the Senate Committee on Rules and another appointed by the Speaker of the Assembly.
Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.
The people of the State of California do enact as follows:
Section 26004 of the Public Resources Code is
2amended to read:
(a) There is in the state government the California
4Alternative Energy and Advanced Transportation Financing
5Authority. The authority constitutes a public instrumentality and
6the exercise by the authority of powers conferred by this division
7is the performance of an essential public function.
8(b) The authority shall consist ofbegin delete fiveend deletebegin insert sevenend insert members, as follows:
P2 1(1) The Director of Finance.
2(2) The Chairperson of
the State Energy Resources Conservation
3and Development Commission.
4(3) The President of the Public Utilities Commission.
5(4) The Controller.
6(5) The Treasurer, who shall serve as the chairperson of the
7authority.
8(6) One person appointed by the Senate Committee on Rules.
end insertbegin insert9(7) One person appointed by the Speaker of the Assembly.
end insert
10(c) The members listed in paragraphs (1) to (5), inclusive, of
11subdivision (b) may each
designate a deputy or clerk in his or her
12agency to act for and represent the member at all meetings of the
13authority.
14(d) The first meeting of the authority shall be convened by the
15Treasurer.
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