BILL NUMBER: SB 82	AMENDED
	BILL TEXT

	AMENDED IN ASSEMBLY  SEPTEMBER 4, 2009

INTRODUCED BY    Committee on Budget and Fiscal Review
  Senator   Hancock 
    (   Coauthor:   Senator   Pavley
  ) 
    (   Coauthor:   Assembly Member  
Krekorian   ) 

                        JANUARY 20, 2009

    An act relating to the Budget Act of 2009.  
An act to add Section 25416.5 to the Public Resources Code, relating
to energy. 



	LEGISLATIVE COUNSEL'S DIGEST


   SB 82, as amended,  Committee on Budget and Fiscal Review
  Hancock  . Budget Act of 2009. 
 Energy conservation: schools.  
   The Energy Conservation Assistance Act of 1979 establishes, until
January 1, 2011, the State Energy Conservation Assistance Account, a
continuously appropriated account, that is administered by the State
Energy Resources Conservation and Development Commission to provide
grants and loans to local government and public institutions,
including, among others, schools, to maximize energy use savings.
 
   This bill would require the Controller, upon the request of the
commission, to establish the Solar School Subaccount in the State
Energy Conservation Assistance Account, which would be available for
the deposit of funds, including specified federal funds. The bill
would require that the moneys in the subaccount, upon appropriation
by the Legislature, be used for the purposes of providing loans to
schools for energy efficiency projects and for the installation of
solar energy systems.  
   This bill would express the intent of the Legislature to enact
statutory changes relating to the Budget Act of 2009. 
   Vote: majority. Appropriation: no. Fiscal committee:  no
  yes  . State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

   SECTION 1.    Section 25416.5 is added to the 
 Public Resources Code   , to read:  
   25416.5.  (a) Upon the request of the commission, the Controller
shall establish the Solar School Subaccount in the State Energy
Conservation Assistance Account. The subaccount established shall be
available for the deposit of funds, including, but not limited to,
the federal American Recovery and Reinvestment Act of 2009 (Public
Law 111-5).
   (b) Moneys in the subaccount shall, upon appropriation by the
Legislature, be used by the commission for loans to schools at an
interest rate established pursuant to subdivision (c) for energy
efficiency projects and for the installation of solar energy systems
pursuant to this chapter.
   (c) (1) Except as provided in paragraph (2), the interest rate for
loans allocated from the subaccount shall be the same as that
provided in Section 25415.
   (2) The interest rate for loans allocated from moneys in the
subaccount that are derived from the federal American Recovery and
Reinvestment Act of 2009 (Public Law 111-5) shall be 40 percent of
the interest rate provided in Section 25415.  
  SECTION 1.    It is the intent of the Legislature
to enact statutory changes relating to the Budget Act of 2009.