California § 63048.100. 63048.100. (Amended by Stats. 2025, Ch. 20, Sec. 37.)

California Statutes

§ 63048.100. — 63048.100. (Amended by Stats. 2025, Ch. 20, Sec. 37.)

California·Code GOV Government Code - GOV·Div. 1.·Title 6.7. DIVISION 1. THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT·Ch. 2. CHAPTER 2. California Infrastructure and Economic Development Bank·Art. 6.7. ARTICLE 6.7. Climate Catalyst Revolving Fund Act of 2020

(a)Notwithstanding Chapter 2 (commencing with Section 12850) of Part 2.5 of Division 3 of Title 2 and Article 2 (commencing with Section 13320) of Chapter 3 of Part 3 of Division 3 of Title 2, expenditures of the Climate Catalyst Revolving Fund shall not be subject to the supervision or approval of any other officer or division of state government, with the exception of the Legislature.

(b)The bank’s budget regarding the Climate Catalyst Revolving Fund shall include the amount of credit and liabilities of the fund, based on an audit of the fund at the close of the prior fiscal year. The bank’s operating budget in connection with the activities authorized under this article shall be subject to review and appropriation in the annual Budget Act.

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(a)
Notwithstanding Chapter 2 (commencing with Section 12850) of Part 2.5 of Division 3 of Title 2 and Article 2 (commencing with Section 13320) of Chapter 3 of Part 3 of Division 3 of Title 2, expenditures of the Climate Catalyst Revolving Fund shall not be subject to the supervision or approval of any other officer or division of state government, with the exception of the Legislature.
(b)
The bank’s budget regarding the Climate Catalyst Revolving Fund shall include the amount of credit and liabilities of the fund, based on an audit of the fund at the close of the prior fiscal year. The bank’s operating budget in connection with the activities authorized under this article shall be subject to review and appropriation in the annual Budget Act.

California § 63048.100. (63048.100. (Amended by Stats. 2025, Ch. 20, Sec. 37.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.