California

Government Code

21,845 sections, each with the official text and a plain-English explanation of what it means for you.

• § 62120.5 — (a) Not less than 30 days prior to the execution of an agreement for acquisition of real property, or the execution of an agreement for the disposition and development of property, or the execution of
• § 62120.7 — An authority causing the rehabilitation, development, or construction of replacement dwelling units, other than single-family residences, pursuant to Section 62120, or pursuant to a replacement housin
• § 62121 — An authority shall provide relocation assistance and shall make all of the payments required by Chapter 16 (commencing with Section 7260) of Division 7 of Title 1, including the making of those paymen
• § 62122 — In order to facilitate the rehousing of families and single persons displaced by any governmental action, an authority, at the request of the city council or board of supervisors that created the auth
• § 62123 — (a) An authority shall monitor, on an ongoing basis, any housing affordable to persons and families of low or moderate income developed or otherwise made available pursuant to any provisions of this p
• § 6215 — The Legislature finds and declares the following: (a) Persons working in the reproductive health care field, specifically the provision of terminating a pregnancy, are often subject to harassment, thr
• § 6215.1 — Unless the context clearly requires otherwise, the definitions in this section apply throughout this chapter.
• § 6215.10 — (a) A person, business, or association shall not publicly post or publicly display on the Internet the home address of a program participant who has made a written demand of that person, business, or
• § 6215.12 — The Secretary of State shall provide each program participant a notice in clear and conspicuous font that contains all of the following information: (a) The program participant is authorized by law to
• § 6215.2 — (a) An adult person, a parent or guardian acting on behalf of a minor, or a guardian acting on behalf of an incapacitated person, who is domiciled in California, may apply to the Secretary of State to
• § 6215.3 — (a) The Secretary of State shall cancel certification of a program participant who fails to disclose a change in employment status, or termination as a provider or volunteer.
• § 6215.4 — (a) A program participant may withdraw from program participation by submitting to the Secretary of State written notification of withdrawal and his or her current identification card.
• § 6215.5 — (a) A program participant may request that state and local agencies use the address designated by the Secretary of State as his or her address.
• § 6215.6 — A program participant who is otherwise qualified to vote may seek to register and vote in a confidential manner pursuant to Section 2166.
• § 6215.7 — The Secretary of State may not make a program participant’s address, other than the address designated by the Secretary of State, available for inspection or copying, except under any of the following
• § 6215.8 — The Secretary of State shall designate state and local agencies and nonprofit agencies that may assist persons applying to be program participants.
• § 6215.9 — The Secretary of State may adopt rules to facilitate the administration of this chapter by state and local agencies.
• § 6216 — (a) The Secretary of State shall submit to the Legislature, no later than January 10 of each year, a report that includes the total number of applications received for the program established by this
• § 6218 — (a) (1) A person, business, or association shall not knowingly publicly post or publicly display, disclose, or distribute on internet websites or social media, the personal information or image of any
• § 6218.01 — (a) (1) A person shall not post on the internet or social media, with the intent that another person imminently use that information to commit a crime involving violence or a threat of violence agains
• § 6218.05 — For purposes of this chapter, the following definitions apply: (a) “Designated health care services” means gender-affirming health care services or reproductive health care services.
• § 6219 — (a) Each department, commission, office, or other administrative agency of state government shall write each document that it produces in plain, straightforward language, avoiding technical terms as m
• § 62200 — “Real property” means any of the following: (a) Land, including land under water and waterfront property.
• § 62201 — Within the plan area or for purposes of revitalization an authority may: (a) Purchase, lease, obtain option upon, acquire by gift, grant, bequest, devise, or otherwise, any real or personal property,
• § 62202 — An authority shall not provide any form of direct assistance to: (a) An automobile dealership that will be or is on a parcel of land which has not previously been developed for urban use.
• § 62203 — (a) Any covenants, conditions, or restrictions existing on any real property within a plan area prior to the time the authority acquires title to that property, which covenants, conditions, or restric
• § 62204 — (a) If an authority has adopted a plan but has not commenced an eminent domain proceeding to acquire any particular parcel of property subject to eminent domain thereunder within three years after the
• § 62205 — Section 1245.
• § 62206 — (a) The authority shall obligate lessees and purchasers of real property acquired in revitalization projects undertaken or assisted by the authority and owners of property improved as a part of a revi
• § 62207 — Express provisions shall be included in all deeds, leases, and contracts that the authority proposes to enter into with respect to the sale, lease, sublease, transfer, use, occupancy, tenure, or enjoy
• § 62208 — (a) The authority shall retain controls and establish restrictions or covenants running with land sold or leased for private use for those periods of time and under those conditions as are provided in
• § 62250 — For purposes of this division, the following terms have the following meanings: (a) “Affordable housing” means housing with an affordable housing cost, as defined in Section 50052.
• § 62251 — (a) A city, county, or city and county may adopt a resolution creating an affordable housing authority that shall be limited to providing low- and moderate-income housing and affordable housing pursua
• § 62252 — (a) An authority created pursuant to this division shall, by resolution, create a Low and Moderate Income Housing Fund and adopt an affordable housing investment plan that may include either or both o
• § 62253 — (a) (1) At any time before or after adoption of the plan, any city, county, or special district, other than a school entity as defined in subdivision (n) of Section 95 of the Revenue and Taxation Code
• § 62254 — An authority may do any of the following: (a) Provide for low- and moderate-income housing and affordable housing in accordance with this division.
• § 62255 — Commencing in the calendar year in which the authority has allocated a cumulative total of more than one million dollars ($1,000,000) in property tax increment revenues pursuant to subdivision (a) of
• § 62256 — (a) An authority shall prepare a feasible method or plan for relocation of any families and persons to be temporarily or permanently displaced from housing facilities in the area affected by the affor
• § 62257 — An authority shall receive a priority for assistance in housing programs administered by the Department of Housing and Community Development, and other state agencies and departments.
• § 62258 — An authority may transfer its housing responsibilities to a housing authority or city or county housing department if it determines that combining funding streams will reduce administrative costs or e
• § 62259 — (a) All housing assisted by an authority created pursuant to this division shall remain affordable for at least 55 years for rental units and 45 years for owner-occupied units.
• § 62260 — Within the area of the authority, an authority may: (a) Purchase, lease, obtain an option upon, acquire by gift, grant, bequest, devise, or otherwise, any real or personal property, any interest in pr
• § 62261 — (a) The authority shall retain controls and establish restrictions or covenants running with land sold or leased for private use for those periods of time and under those conditions as are provided in
• § 62261.1 — Any action or proceeding to attack, review, set aside, void, or annul the creation of an authority, the adoption of an affordable housing plan pursuant to Section 62252, the allocation of tax revenues
• § 62262 — An authority created pursuant to this division shall be a local public agency subject to the Ralph M.
• § 62300 — This division shall be known, and may be cited, as the Climate Resilience Districts Act.
• § 62301 — It is the intent of the Legislature in enacting this division to provide the ability for local governments to create districts for the purpose of addressing climate change effects and impacts through
• § 62302 — For purposes of this division: (a) “District” means a climate resilience district formed pursuant to this division.
• § 62303 — (a) (1) A city, county, city and county, or a combination of any of those entities may form a climate resilience district pursuant to this division.
• § 62303.5 — (a) Notwithstanding the procedures for establishing a district under this division, the authority shall be deemed a climate resilience district and is hereby granted all of the powers described in Sec
• § 62304 — (a) Proceedings for the establishment of a district shall be instituted by the adoption of a resolution of intention to establish the proposed district and shall do all of the following: (1) State tha
• § 62305 — (a) A district shall be governed by a board that has the same membership as a public financing authority as described in Section 53398.
• § 62306 — (a) A minimum of 95 percent of the allocated tax increment revenues pursuant to subdivision (b) of Section 62304 shall be used to fund eligible projects.
• § 62307 — In addition to the powers granted to an enhanced infrastructure financing district pursuant to Chapter 2.
• § 62308 — (a) If a district proposes a measure that will generate revenues for the district that requires voter approval pursuant to the California Constitution, the board of supervisors of the county or counti
• § 62309 — (a) Each district shall prepare an annual expenditure plan that identifies and describes the operations and eligible projects undertaken by the district.
• § 62310 — (a) A district shall provide for regular audits of its accounts and records, maintain accounting records, and report accounting transactions in accordance with generally accepted accounting principles
• § 62311 — (a) All meetings of the district shall be subject to the Ralph M.
• § 62312 — (a) The following requirements shall apply to a project that is undertaken or financed by a district: (1) Construction, alteration, demolition, installation, and repair work on the project shall be de
• § 62313 — (a) Notwithstanding subdivision (b) of Section 62304, a city or county may adopt a resolution providing for the division of taxes of any participating entity without following the procedures for the p
• § 62450 — For purposes of this part: (a) “Commercial-to-residential conversion project” means a housing development project that converts an existing qualifying commercial building to market rate or affordable
• § 62451 — The Board of Supervisors of the City and County of San Francisco may establish one downtown revitalization and economic recovery financing district pursuant to this division.
• § 62451.5 — The governing body of a local government, except the City and County of San Francisco, may establish one downtown revitalization and economic recovery financing district pursuant to this division.
• § 62452 — (a) (1) The district board’s membership shall consist of three members of the governing body and two members of the public chosen by the governing body.
• § 62453 — (a) The purpose of the district is to finance commercial-to-residential conversion projects with incremental tax revenues generated by commercial-to-residential conversion projects within the district
• § 62454 — The creation of the district and the adoption of a downtown revitalization financing plan pursuant to this division shall not be deemed a “project” for purposes of the California Environmental Quality
• § 62455 — After adopting the resolution pursuant to Section 62451 or 62451.
• § 62456 — After receipt of a copy of the resolution of intention to establish the district, the official designated pursuant to Section 62455 shall prepare a proposed downtown revitalization financing plan.
• § 62457 — (a) A downtown revitalization financing plan shall contain a provision that taxes, if any, levied upon opted-in taxable property in the area included within the downtown financing district each year b
• § 62458 — (a) The district board shall consider adoption of the downtown revitalization financing plan at three public hearings.
• § 62459 — (a) (1) After the adoption of the downtown revitalization financing plan, the district shall establish a process for eligible commercial-to-residential conversion projects identified pursuant to subdi
• § 62460 — (a) Commercial-to-residential conversion projects that opt in to receive incremental tax revenue pursuant to Section 62459 are public works for which prevailing wages shall be paid for purposes of Cha
• § 62461 — All costs incurred by the local government in connection with the division of taxes pursuant to this division for the district shall be paid by the district.
• § 62462 — (a) If a local government establishes a district pursuant to this division, it shall develop and submit an annual report to the relevant committees of the Legislature regarding the commercial-to-resid
• § 62463 — Any action or proceeding to attack, review, set aside, void, or annul the creation of a district, adoption of a downtown revitalization financing plan, including a division of taxes, shall be commence
• § 62464 — This section implements and fulfills the intent of this division and of Article XIII B of the California Constitution.
• § 62500 — This title shall be known, and may be cited, as the Regional Housing Finance Act.
• § 62502 — For purposes of this title: (a) “Affordable housing” means housing that is subject to an affordability restriction or equity sharing agreement with a public entity that reserves units for persons and
• § 62503 — The Legislature finds and declares that providing a regional financing mechanism for affordable housing production and preservation throughout the state is a matter of statewide concern and is not a m
• § 62505 — (a) (1) Except as provided in Section 62505.
• § 62505.1 — An entity that is located within the jurisdiction of the Bay Area Housing Finance Authority established pursuant to Section 64510 or the Los Angeles County Affordable Housing Solutions Agency establis
• § 62506 — (a) An authority shall be governed by a board of directors consisting of a minimum of three directors.
• § 62507 — (a) The authority board may make and enforce rules and regulations necessary for governing the authority, the preservation of order, and the transaction of business.
• § 62508 — (a) The authority board shall hold its first meeting at a time and place within the jurisdiction of the local governments that established the authority.
• § 62509 — Five years after the voters approve an initial ballot measure pursuant to Section 62521, the authority shall review the implementation of the measure.
• § 62510 — (a) (1) The board shall form an advisory committee with knowledge and experience in the areas of affordable housing finance, development, and management, including rental and owner-occupied affordable
• § 62520 — In implementing this title, an authority may do all of the following: (a) Place one measure per election on the ballot to raise revenue and allocate funds throughout the jurisdiction of the authority,
• § 62521 — (a) If the authority proposes a measure pursuant to Part 2 (commencing with Section 62540) that will generate revenues and that requires voter approval pursuant to the California Constitution, the boa
• § 62522 — An authority shall only have the power to exercise the land use authority and set development parameters as provided in Section 62520 if the authority includes the underlying land use jurisdiction.
• § 62523 — An authority shall not acquire property by eminent domain.
• § 62524 — Actions taken by an authority to raise, administer, or allocate funding for affordable housing preservation, new affordable housing production, or to provide technical assistance consistent with the a
• § 62530 — The authority board shall provide for regular audits of the authority’s accounts and records and shall maintain accounting records and shall report accounting transactions in accordance with generally
• § 62531 — The authority board shall provide for annual financial reports.
• § 62540 — (a) An authority may raise and allocate new revenue through both of the following funding mechanisms: (1) Special taxes, subject to voter approval, as provided in Article 1 (commencing with Section 62
• § 62550 — (a) Subject to Section 4 of Article XIII A of the California Constitution, the authority may impose, by resolution, a parcel tax within the jurisdiction of the authority pursuant to the procedures est
• § 62551 — (a) Subject to Section 4 of Article XIII A of the California Constitution, an authority may impose, by resolution, a special tax, measured by gross receipts, for the privilege of engaging in any kind
• § 62551.1 — (a) (1) Subject to Section 4 of Article XIII A of the California Constitution, an authority may impose, by resolution, a special tax measured by the number of employees employed by the taxpayer for th
• § 62551.2 — (a) Subject to Section 4 of Article XIII A of the California Constitution, an authority may impose, by resolution, a special parcel tax on a property owner, and related affiliates, that own a rental h
• § 62552 — The special taxes authorized in this article may also be imposed by qualified voter initiative.
• § 62553 — (a) An authority shall consult with relevant local governments to identify the most efficient and appropriate method of administering and collecting any tax levied pursuant to Section 62551, 62551.
• § 62554 — All special taxes levied pursuant to this article shall be administered in the following manner: (a) Taxes collected shall be deposited in a separate fund, which shall be established in the treasury o
• § 62570 — As used in this article: (a) “Commercial development project” means any project involving the issuance of a permit by an underlying land use jurisdiction for construction, not including remodeling of
• § 62571 — (a) (1) Subject to paragraph (4), the authority may establish, increase, or impose a commercial linkage fee, in an amount not to exceed ten dollars ($10) per square foot, within the jurisdiction of th
• § 62572 — (a) A commercial linkage fee established, increased, or imposed pursuant to this article shall not exceed the reasonable cost of providing the housing necessitated by the commercial development projec
• § 62573 — (a) Before adopting a resolution establishing or imposing a new commercial linkage fee or approving an increase in an existing commercial linkage fee pursuant to this article, the authority board shal
• § 62574 — (a) Except as otherwise provided in subdivision (c), if the authority board adopts a resolution or other legislative enactment establishing or imposing a new commercial linkage fee or approving an inc
• § 62575 — (a) Any party may protest the imposition of a commercial linkage fee imposed on a commercial development project by the authority pursuant to this article as follows: (1) The party shall pay the total
• § 62576 — (a) In any judicial action or proceeding to validate, attack, review, set aside, void, or annul any resolution providing for the establishment, increase, or imposition of a commercial linkage fee purs
• § 62577 — (a) Any person may request an audit in order to determine whether any fee or charge levied by the authority board exceeds the amount necessary to cover the reasonable cost of providing the housing nec
• § 62578 — Any action by the authority board or interested person under this article shall be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure.
• § 62580 — The authority board may, by majority vote, initiate proceedings to issue general obligation bonds pursuant to this chapter by adopting a resolution stating its intent to issue the bonds.
• § 62581 — (a) The authority may incur or refund general obligation bonded indebtedness, secured by the levy of ad valorem property taxes, pursuant to Article XIII A of the California Constitution, and any amend
• § 62582 — (a) (1) For purposes of this section, “authority revenues” includes, without limitation, revenues generated by any of the following: (A) Any special tax, fee, or charge imposed by the authority, other
• § 62583 — (a) The authority or any person executing the bonds issued pursuant to this title shall not be personally liable on the bonds by reason of their issuance.
• § 62584 — (a) Every two years after the issuance of bonds pursuant to this section, the authority shall contract for an independent financial and performance audit.
• § 62585 — Bonds issued pursuant to this article are fully negotiable.
• § 62586 — Any action to determine the validity or adoption of any tax, fee, or other charge provided for in, or the validity of bonds issued pursuant to, this title, or any of the proceedings, contracts, agreem
• § 62590 — (a) Revenue generated pursuant to this part shall be used for any of the following purposes: (1) The development of affordable home ownership and rental housing, including programs that enable persons
• § 62590.1 — (a) Notwithstanding any other provision of this title, an authority board may make a finding that market rate rents or housing costs are unaffordable to households at 120 percent of the area median in
• § 62591 — The authority shall monitor expenditures in coordination with local jurisdictions.
• § 62592 — To ensure oversight and accountability, an authority shall prepare and submit an annual report to the Legislature, in conformance with Sections 9795 and 53411, on allocations and expenditures under it
• § 6300 — As used in this chapter: (a) “Act of Congress” means the act of Congress approved June 18, 1934, titled “An act to provide for the establishment, operation, and maintenance of foreign-trade zones in p
• § 63000 — The Legislature finds and declares the following: (a) Economic revitalization, future development, and a healthy climate for jobs in California will depend upon a well-conceived system of public impro
• § 63002 — This division shall be known and may be cited as the Bergeson-Peace Infrastructure and Economic Development Bank Act.
• § 63010 — For purposes of this division, the following words and terms shall have the following meanings unless the context clearly indicates or requires another or different meaning or intent: (a) “Act” means
• § 6302 — (a) A public corporation may apply for the privilege of establishing, operating, and maintaining a foreign-trade zone in accordance with the act of Congress.
• § 63021 — (a) There is within the Governor’s Office of Business and Economic Development the Infrastructure and Economic Development Bank which shall be responsible for administering this division.
• § 63021.5 — (a) The bank shall be governed and its corporate power exercised by a board of directors that shall consist of the following persons: (1) The Director of Finance or his or her designee.
• § 63022 — The executive director shall manage and conduct the business and affairs of the bank, the infrastructure bank fund, and guarantee trust fund, subject to the direction of the board.
• § 63022.5 — (a) The officers of the bank shall be subject to the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)), the applicable rules and standards of the Municipal Securities Rulemaking B
• § 63023 — In administering and directing the day-to-day operations of the bank in regard to this division, the executive director, or whoever he or she shall assign, may do any of the following if authorized by
• § 63023.1 — The board may delegate to the executive director, or whomever he or she shall assign, the authority to execute a contract or agreement, execute an instrument, conduct all business and affairs, and per
• § 63024 — The executive director may contract for technical services with the Department of Finance, the State Department of Health Care Services, the State Department of Public Health, the Department of Transp
• § 63024.5 — Where a state agency is authorized under state law to request that the bank issue bonds on its behalf, the agency may request, and the bank may issue, the bonds for the purpose authorized by state law
• § 63025 — The bank board shall do the following: (a) Adopt bylaws for the regulation of its affairs and the conduct of its business.
• § 63025.1 — The bank board may do or delegate the following to the executive director: (a) Sue and be sued in its own name.
• § 63025.2 — Nothing in Section 63025.
• § 63026 — The fiscal powers granted to the bank by this part may be exercised without regard or reference to any other department, division, or agency of the state, except the Legislature.
• § 63027 — (a) The bank may provide insurance or reinsurance of loans or portions thereof, or their debt service, including amounts payable as premiums of penalties in the event of mandatory or optional prepayme
• § 63028 — The bank assumes and shall observe, keep, and perform all of the responsibilities, liabilities, and obligations of the former California Economic Development Financing Authority established under Part
• § 63030 — Bonds issued by the bank or a special purpose trust are legal investments for all trust funds, the funds of all insurance companies, banks, both commercial and savings, trust companies, executors, adm
• § 63031 — No liability shall be incurred by the bank beyond the extent to which funds have been provided under this division.
• § 63032 — (a) Neither the bank nor a special purpose trust authorized by the bank is required to pay any property taxes or assessments upon, or with respect to, any project or any property acquired by, or for,
• § 63033 — The state does hereby pledge to, and agrees with, the holders of any bonds issued under this division, and with those parties who may enter into contracts with the bank pursuant to this division, that
• § 63034 — The bank shall establish a reasonable schedule of administrative fees, which shall be paid by the sponsor or the participating party pursuant to Section 63074, to reimburse the state for the costs of
• § 63035 — (a) The bank shall, not later than January 1 of each year, submit to the Strategic Growth Council, the Governor, the Speaker of the Assembly, the President pro Tempore of the Senate, the Legislature,
• § 63035.5 — The report required by Section 63035 shall be submitted to the Governor and the Joint Legislative Budget Committee on a quarterly basis during the 1999–2000 fiscal year and the 2000–01 fiscal year.
• § 63036 — It is the intent of the Legislature that the activities of the bank be fully coordinated with any future legislative plan involving growth management strategies designed to protect California’s land r
• § 6304 — Any public or private corporation authorized by this chapter to apply and whose application is granted pursuant to the terms of the act of Congress may establish, operate, and maintain the foreign-tra
• § 63040 — (a) Following consultation with appropriate state and local agencies, the bank shall establish criteria, priorities, and guidelines for the selection of projects to receive assistance from the bank.
• § 63041 — (a) Prior to submitting a project to the bank for consideration, the legislative body or bodies of the sponsor or sponsors of the project shall find, by resolution, each of the following: (1) The proj
• § 63041.5 — (a) It is the intent of the Legislature to provide a one-time appropriation for financial assistance to local government to meet capital outlay and infrastructure needs.
• § 63042 — Notwithstanding any other provision of this division, a project for the financing of transition costs and the acquisition of transition property upon the request of an electrical corporation shall be
• § 63043 — Notwithstanding any other provision of this division, Article 3 (commencing with Section 63040) and Article 4 (commencing with Section 63042), shall not apply to any conduit financing for economic dev
• § 63044 — The bank shall consider a project for conduit financing for economic development facilities upon filing of an application with the bank by an appropriate participating party, on the terms and conditio
• § 63045 — In order to provide or arrange for the financing of economic development facilities, the bank may: (a) Issue taxable revenue bonds pursuant to Chapter 5 (commencing with Section 63070) to provide fina
• § 63046 — No financing shall be made by the bank under this article unless the bank shall have first determined that the financing or assistance meets the following public interest criteria: (a) The financing,
• § 63047 — (a) Any loan entered into pursuant to this article may contain provisions for payment of a penalty if any recipient of funds under this article leaves this state prior to the completion of the full te
• § 63047.1 — Any housing financed pursuant to this chapter shall meet all of the following conditions: (a) Any tax-exempt revenue bonds issued by the bank under a state allocation of private activity bond volume c
• § 63048 — For purposes of this article, the following terms have the following meanings, unless the context clearly indicates or requires another meaning: (a)“Board” means the State Water Resources Control Boar
• § 63048.100 — (a) Notwithstanding Chapter 2 (commencing with Section 12850) of Part 2.
• § 63048.3 — Notwithstanding any other provision of this division, Article 3 (commencing with Section 63040), Article 4 (commencing with Article 63042), and Article 5 (commencing with Section 63043) do not apply t
• § 63048.5 — (a) The bank may issue taxable or tax-exempt revenue bonds pursuant to Chapter 5 (commencing with Section 63070) and deposit the proceeds from the bonds into the revolving fund or use the proceeds to
• § 63048.55 — For the purposes of this article, the following terms have the following meanings: (a) “Department” means the State Department of Public Health.
• § 63048.56 — Notwithstanding any other law, Article 3 (commencing with Section 63040), Article 4 (commencing with Section 63042), and Article 5 (commencing with Section 63043) shall not apply to any financing prov
• § 63048.57 — (a) The bank may issue taxable or tax-exempt revenue bonds pursuant to Chapter 5 (commencing with Section 63070) and deposit the proceeds from the bonds into the revolving fund or use the proceeds to
• § 63048.6 — The definitions contained in this section are in addition to the definitions contained in Section 63010 and together with the definitions contained in that section shall govern the construction of thi
• § 63048.63 — (a) The Legislature hereby finds and declares: (1) The financial and legal records of California Indian tribes and tribal business enterprises are records of a sovereign nation and are not subject to
• § 63048.65 — (a) Prior to July 1, 2015, three hundred twenty-one million dollars ($321,000,000) of the one billion two hundred million dollars ($1,200,000,000) of loans from the Traffic Congestion Relief Fund to t
• § 63048.9 — This article and all powers granted hereby shall be liberally construed to effectuate its intent and their purposes.
• § 63048.91 — (a) This chapter shall be known, and may be cited, as the Climate Catalyst Revolving Fund Act of 2020.
• § 63048.92 — The definitions contained in this section are in addition to the definitions contained in Section 63010 and together with the definitions contained in that section shall govern the construction of thi
• § 63048.93 — (a) The bank is hereby authorized and empowered to provide financial assistance under the Climate Catalyst Revolving Fund Program to any eligible sponsor or participating party either directly or to a
• § 63048.94 — (a) Annually, commencing January 1, 2023, and no later than January 1 of each year thereafter, the bank shall prepare and submit, as specified in subdivision (b), a report containing Climate Catalyst
• § 63048.95 — (a) (1) There is hereby created in the State Treasury the Climate Catalyst Revolving Fund for the purpose of implementing the objectives and provisions of this article.
• § 63048.96 — (a) (1) The bank may pledge any or all of the moneys in the Climate Catalyst Revolving Fund as security for payment of the principal of, and interest on, any particular issuance of bonds issued for th
• § 63048.97 — (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 th
• § 63048.98 — All costs, liabilities, obligations, and expenses incurred in carrying out the purposes of this article shall be payable solely from funds provided for the purposes of this article, and no liability,
• § 63048.99 — (a) Moneys in the Climate Catalyst Revolving Fund received from the proceeds of bonds issued pursuant to this division may not be transferred to any other fund except as necessary to pay the expenses
• § 63049 — The definitions contained in this section are in addition to the definitions contained in Section 63010 and together with the definitions contained in that section shall govern the construction of thi
• § 63049.1 — (a) Subject to subdivision (c) and subdivision (d), as applicable, the bank is hereby authorized to sell for, and on behalf of, the state, solely as its agent, all or any portion of the tobacco assets
• § 63049.2 — Notwithstanding any other provision of this division, Article 3 (commencing with Section 63040), Article 4 (commencing with Section 63042), and Article 5 (commencing with Section 63043) do not apply t
• § 63049.3 — Any sale of some or all of the tobacco assets under this article shall be treated as a true sale and absolute transfer of the property so transferred to the special purpose trust and not as a pledge o
• § 63049.4 — (a) On and after the effective date of each sale of tobacco assets, the state shall have no right, title, or interest in or to the tobacco assets sold, and the tobacco assets so sold shall be property
• § 63049.5 — The state acknowledges and agrees that its 57 counties, the Cities of San Jose, Los Angeles, and San Diego, and the City and County of San Francisco, commonly and collectively known as the “participat
• § 63049.55 — (a) The Tobacco Asset Sales Revenue Fund is hereby established in the State Treasury for the purpose of maintaining a separate account for the investment of proceeds received from the sale of any resi
• § 63049.6 — For purposes of this article, the following terms have the following meanings, in addition to the definitions contained in Section 63010, unless the context clearly indicates or requires another meani
• § 63049.62 — Notwithstanding any other provision of this division, a financing of the costs of claims of insolvent insurers upon the request of the association pursuant to Section 1063.
• § 63049.64 — (a) The bank may issue bonds pursuant to Chapter 5 (commencing with Section 63070) and may loan the proceeds thereof to the association, and deposit the proceeds into a separate account in the fund, o
• § 63049.66 — The fund, and any other fund or account established pursuant to the issuance of bonds authorized by this article may be invested in any investment authorized pursuant to Section 63062, and any such fu
• § 63049.67 — (a) Notwithstanding any other provision of this division, a financing of emergency apportionments upon the request of a school district pursuant to Article 2.
• § 63049.68 — The State of California pledges that (a) the state will not alter the directive to the Controller to make apportionments to the bond trustee of moneys in the State School Fund and the Education Protec
• § 63049.70 — (a) Notwithstanding this division, the financing of energy and project costs on behalf of Golden State Energy, as defined in Section 222.
• § 63049.71 — The following definitions contained in this section are in addition to the definitions contained in Section 63010 and together with the definitions contained in that section shall govern the construct
• § 63049.72 — (a) The financing of projects related to Chapter 9 (commencing with Section 94500) of Division 50 of the Public Resources Code shall be deemed to be in the public interest and eligible for financing b
• § 63049.73 — (a) The bank is hereby authorized and empowered to provide financial assistance under the Accelerator Revolving Fund Program to any eligible participating party, either directly or to a lending or fin
• § 63049.74 — (a) There is hereby created the California Transmission Accelerator Revolving Fund in the State Treasury for the purpose of providing financial assistance under the Accelerator Revolving Fund Program
• § 63049.75 — (a) Notwithstanding any other provision of this division, pursuant to Section 10100.
• § 63050 — (a) There is hereby created in the State Treasury the California Infrastructure and Economic Development Bank Fund for the purpose of implementing the objectives and provisions of this division.
• § 63052 — (a) The bank may pledge any or all of the moneys in the fund as security for payment of the principal of, and interest on, any particular issuance of bonds issued pursuant to this chapter.