BILL NUMBER: AB 46INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Blakeslee DECEMBER 1, 2008 An act to amend Section 25421 of the Public Resources Code, relating to energy, and making an appropriation therefor. LEGISLATIVE COUNSEL'S DIGEST AB 46, as introduced, Blakeslee. Energy: energy conservation assistance. Existing law requires the State Energy Resources Conservation and Development Commission to administer the State Energy Conservation Assistance Account, a continuously appropriated account, in the General Fund, until January 1, 2011, to provide grants and loans to local governments and public institutions to maximize energy use savings. All loans outstanding as of that date are required to continue to be repaid as specified until paid in full, and all unexpended funds in the account on and after that date, except as specified, are required to revert to the General Fund. This bill would extend the operation of those provisions to January 1, 2015, and would thereby make an appropriation by extending the time during which the funds in a continuously appropriated account are made available. Vote: 2/3. Appropriation: yes. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 25421 of the Public Resources Code is amended to read: 25421. (a) Except as provided in subdivision (b), this chapter shall remain in effect only until January 1,2011,2015, and as of that date is repealed, unless a later enacted statute, which is enacted before January 1,2011,2015, deletes or extends that date. (b) All loans outstanding as of January 1,2011,2015, shall continue to be repaid on a semiannual basis, as specified in Section 25415, until paid in full. All unexpended funds in the State Energy Conservation Assistance Account on January 1,2011,2015, and thereafter, except to the extent those funds are encumbered pursuant to Section 25417.5, shall revert to the General Fund.