California Statutes

§ 26050.5. — 26050.5. (Added by Stats. 2012, Ch. 677, Sec. 33.)

California·Code PRC Public Resources Code - PRC·Div. 16. DIVISION 16. CALIFORNIA ALTERNATIVE ENERGY AND ADVANCED TRANSPORTATION FINANCING AUTHORITY ACT·Ch. 4. CHAPTER 4. Property Assessed Clean Energy (PACE) and Clean Energy Financing Program·Art. 1. ARTICLE 1. General Provisions and Definitions

The Legislature further finds and declares both of the following:

(a)Actions by federally chartered home loan entities have frustrated efforts to accelerate the implementation of the PACE financing program, creating a need to establish effective alternative approaches that can be rapidly deployed to advance the purposes of this division.
(b)Among the most promising alternatives that can be implemented rapidly are those intended to increase access to capital for projects that advance the purposes of this division.

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California § 26050.5. (26050.5. (Added by Stats. 2012, Ch. 677, Sec. 33.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

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

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