California Statutes
§ 63048.97. — 63048.97. (Amended by Stats. 2025, Ch. 20, Sec. 35.)
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)The bank may administer and distribute among the accounts and subaccounts created under this article, at its discretion, the proceeds from any general obligation bonds issued in accordance with the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2).
(b)The assets of the Climate Catalyst Revolving Fund shall be available for the payment of the salaries and other expenses incurred by the bank in connection with the administration of this article, all in accordance with this article.
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California § 63048.97. (63048.97. (Amended by Stats. 2025, Ch. 20, Sec. 35.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2025, Ch. 20, Sec. 35. (AB 137) Effective June 30, 2025.