BILL NUMBER: SB 729INTRODUCED BILL TEXT INTRODUCED BY Senator Fuller FEBRUARY 22, 2013 An act to add Division 16.4 (commencing with Section 26225) to the Public Resources Code, relating to energy. LEGISLATIVE COUNSEL'S DIGEST SB 729, as introduced, Fuller. Proposition 39: implementation. The California Clean Energy Jobs Act, an initiative approved by the voters at the November 6, 2012, statewide general election as Proposition 39, made changes to corporate income taxes and, except as specified, provides for the transfer of $550,000,000 annually from the General Fund to the Clean Energy Job Creation Fund for 5 fiscal years beginning with the 2013-14 fiscal year. Moneys in the Clean Energy Job Creation Fund are available, upon appropriation by the Legislature, for purposes of funding eligible projects that create jobs in California improving energy efficiency and expanding clean energy generation. Existing law provides for the allocation of available funds to public school facilities, university and college facilities, other public buildings and facilities, as well as job training and workforce development, and public-private partnerships, for eligible projects, as specified. Existing law creates the Citizens Oversight Board with specified responsibilities relative to the review of expenditures from the Clean Energy Job Creation Fund, including the submission of an evaluation to the Legislature. This bill would state the intent of the Legislature to enact legislation to implement the act. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Division 16.4 (commencing with Section 26225) is added to the Public Resources Code, to read: DIVISION 16.4. PROPOSITION 39 IMPLEMENTATION 26225. It is the intent of the Legislature to enact legislation to implement the California Clean Energy Jobs Act (Division 16.3 (commencing with Section 26200)).