California § 42023.3. 42023.3. (Amended by Stats. 2019, Ch. 690, Sec. 10.)

California Statutes

§ 42023.3. — 42023.3. (Amended by Stats. 2019, Ch. 690, Sec. 10.)

California § 42023.3.

JurisdictionCalifornia

Code PRCPublic Resources Code - PRC

Div. 30.DIVISION 30. WASTE MANAGEMENT

Part 3.PART 3. STATE PROGRAMS

Ch. 1.CHAPTER 1. Market Development Programs

Art. 3.ARTICLE 3. Market Development Zone Program

This text of California § 42023.3. (42023.3. (Amended by Stats. 2019, Ch. 690, Sec. 10.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Public Resources Code - PRC Code § 42023.3. (2026).

Text

(a)All money remaining in the subaccount on July 1, 2031, and all money received as repayment and interest on loans shall, as of July 1, 2031, be transferred to the account and any money due and outstanding on loans as of July 1, 2031, shall be repaid to the department and deposited by the department in the account until paid in full, except that, upon authorization by the Legislature in the annual Budget Act, interest earnings may be expended for administrative costs associated with the collection of outstanding loan accounts.

(b)

(1)Except as provided in paragraph (2), this section shall become inoperative on July 1, 2031, and as of January 1, 2032, is repealed, unless a later enacted statute, which becomes effective on or before January 1, 2032, deletes or extends the dates on w

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(a)
All money remaining in the subaccount on July 1, 2031, and all money received as repayment and interest on loans shall, as of July 1, 2031, be transferred to the account and any money due and outstanding on loans as of July 1, 2031, shall be repaid to the department and deposited by the department in the account until paid in full, except that, upon authorization by the Legislature in the annual Budget Act, interest earnings may be expended for administrative costs associated with the collection of outstanding loan accounts.
(b)
(1)
Except as provided in paragraph (2), this section shall become inoperative on July 1, 2031, and as of January 1, 2032, is
repealed, unless a later enacted statute, which becomes effective on or before January 1, 2032, deletes or extends the dates on which it becomes inoperative and is repealed.
(2)
The repeal of this section pursuant to paragraph (1) shall not extinguish any loan obligation or the authority of the state to pursue appropriate actions for the collection of a loan.

Legislative History

Amended by Stats. 2019, Ch. 690, Sec. 10. (AB 1583) Effective January 1, 2020. Inoperative July 1, 2031. Repealed as of January 1, 2032, by its own provisions.