Bob Blumenfield
- Democratic
Author
(1) The California Alternative Energy and Advanced Transportation Financing Authority Act, administered by the California Alternative Energy and Advanced Transportation Financing Authority, among other things, authorizes the authority until January 1, 2021, to approve a project, as defined, for financial assistance in the form of a specified sales and use tax exclusion, in order to promote the creation of California-based manufacturing, California-based jobs, the reduction of greenhouse gases, or reductions in air and water pollution or energy consumption. This bill would authorize the authority, in coordination with the State Energy Resources Conservation and Development Commission, to establish the Clean Energy and Fuels Manufacturing Financial Assistance Program to solicit submission of applications from lender-applicants in the form of requests for bond financing, loans, loan loss reserve, or risk-sharing loan guarantees, for eligible projects, as defined, in order to promote the creation of California-based manufacturing, California-based jobs, and the reduction of greenhouse gas, air, or water pollution. The bill would require the authority, among other things, to publish notice of the availability of financial assistance and would require the authority to adopt regulations to evaluate lender-applicant applications based on need, job development, environmental benefit, and financial risk. The bill would authorize the authority, among other things, to use federal funds, state special funds, or private funds to the extent those funds would be necessary to develop the program. The bill would also authorize the authority to establish a collective risk pool paid for by private parties if federal or state funds are not available. (2) This bill would declare that it is to take effect immediately as an urgency statute.
From Senate committee without further action.
In committee: Set, first hearing. Hearing canceled at the request of author.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on EQ.
In committee: Hearing postponed by committee.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on EQ.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on HEALTH.
In committee: Set, second hearing. Hearing canceled at the request of author.
In committee: Hearing postponed by committee.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on HEALTH.
In committee: Set, first hearing. Hearing canceled at the request of author.
In committee: Hearing postponed by committee.
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on HEALTH.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time, passed, and to Senate. (Ayes 76. Noes 0. Page 1533.)
Read second time. To third reading.
From committee: Do pass. (Ayes 15. Noes 0.) (April 29).
From committee: Do pass, and re-refer to Com. on APPR. Re-referred. (Ayes 15. Noes 1.) (April 14).
From printer. May be heard in committee March 30.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB684 | HTML |
| 02/26/09 - Introduced | |
| 06/18/09 - Amended Senate | |
| 06/03/10 - Amended Senate | |
| 06/21/10 - Amended Senate | |
| 06/24/10 - Amended Senate | |
| 08/02/10 - Amended Senate |
| Document | Format |
|---|---|
| No related documents. |
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