Article 4 - Appropriation and Reporting - California Public Resources Code

Sections (2)

Added by Stats. 2012, Ch. 677, Sec. 33. (SB 1128) Effective January 1, 2013.

(a)Until January 1, 2015, an amount of up to fifty million dollars ($50,000,000) from the Renewable Resource Trust Fund, established pursuant to Section 25751, is hereby appropriated to the authority for the purposes of this chapter. The moneys appropriated shall remain in the Renewable Resource Trust Fund until the funds are needed by the authority pursuant to this chapter.

(b)Of the moneys appropriated in subdivision (a), up to five hundred fifty thousand dollars ($550,000) may be expended by the authority for the initial administrative costs in implementing this chapter.

(c)All repayments of moneys disbursed pursuant to this chapter shall be deposited into the Renewable Resource Trust Fund.

§ 26082

Added by Stats. 2012, Ch. 677, Sec. 33. (SB 1128) Effective January 1, 2013.

(a)Notwithstanding Section 26080, twenty-five million dollars ($25,000,000) of the unencumbered balance of the fifty million dollars ($50,000,000) that was appropriated to the authority pursuant to Section 26080 and is in the Renewable Resource Trust Fund is hereby appropriated to the Energy Conservation Assistance Account established pursuant to Section 25416.

(b)Notwithstanding Section 25421, any unexpended funds appropriated pursuant to subdivision (a) remaining in the Energy Conservation Assistance Account on and after January 1, 2013, except to the extent those funds are encumbered pursuant to Section 25417.5,

shall revert to the Renewable Resource Trust Fund and be available to the authority for the purposes of this chapter.