BILL NUMBER: SB 726INTRODUCED BILL TEXT INTRODUCED BY Senator Hueso FEBRUARY 27, 2015 An act to amend Section 25412.5 of the Public Resources Code, relating to energy. LEGISLATIVE COUNSEL'S DIGEST SB 726, as introduced, Hueso. Energy conservation assistance. The Energy Conservation Assistance Act of 1979 authorizes any eligible institution to submit an application to the State Energy Resources Conservation and Development Commission for an allocation for the purpose of financing all or a portion of the costs incurred in implementing a project relating to energy audits, energy conservation and operating procedures, and energy conservation measures in existing and planned buildings and facilities, energy conservation projects, and technical assistance programs. Existing law requires the commission to take steps to solicit loan applications to do certain things, including awarding loans in regions with high summer peak loads. This bill would instead require the commission to take steps to solicit loan applications that award loans in regions with high peak loads. Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 25412.5 of the Public Resources Code is amended to read: 25412.5. The commission shall take steps to solicit loan applications to do all of the following: (a) Encourage an equitable distribution of loans statewide. (b) Award loans in regions with highsummerpeak loads, with high heating costs, or that have electrical or natural gas system distribution constraints. (c) Place an emphasis on offering these loans in disadvantaged communities.