Home/California/Statutes/Code PRC: Public Resources Code - PRC/Div. 50.: DIVISION 50. SAFE DRINKING WATER, WILDFIRE PREVENTION, DROUGHT PREPAREDNESS, AND CLEAN AIR BOND ACT of 2024/Ch. 9.: CHAPTER 9. Clean Air/§ 94510.
California Statutes

§ 94510. — 94510. (Added by Stats. 2024, Ch. 83, Sec. 2.)

California § 94510.
JurisdictionCalifornia
Code PRCPublic Resources Code - PRC
Div. 50.DIVISION 50. SAFE DRINKING WATER, WILDFIRE PREVENTION, DROUGHT PREPAREDNESS, AND CLEAN AIR BOND ACT of 2024
Ch. 9.CHAPTER 9. Clean Air

This text of California § 94510. (94510. (Added by Stats. 2024, Ch. 83, Sec. 2.)) 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 § 94510. (2026).

Text

(a)The proportion of any asset funded pursuant to this section or Section 94520 or 94530 shall be funded without return on equity for the lifetime of the proportion of that asset that would have otherwise been borne by ratepayers.
(b)The proportion of any projects funded pursuant to this section or Section 94520 or 94530 shall be excluded from the ratebase, and no costs may be collected from ratepayers.
(c)It is the intent of the Legislature that bond moneys shall not be used for shareholder incentives or profits for shareholders of private corporations.

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Legislative History

Added by Stats. 2024, Ch. 83, Sec. 2. (SB 867) Approved in Proposition 4 at the November 5, 2024, election. Effective November 6, 2024.
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Bluebook (online)
California § 94510., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PRC/94510..