Dave Min
- Democratic
- Senator
- District 37
Author
Existing law, known commonly as the Property Assessed Clean Energy (PACE) program, authorizes a public agency, by making specified findings, to authorize public agency officials and property owners to enter into voluntary contractual assessments to finance the installation of distributed generation renewable energy sources or energy or water efficiency improvements that are permanently fixed to real property. Existing law, the California Financing Law (CFL) , prohibits a PACE program administrator from executing an assessment contract, commencing work under a home improvement contract that is financed by that assessment contract, or executing the home improvement contract unless certain criteria are met. The CFL prohibits a person from engaging in the business of a PACE solicitor unless that person is enrolled with a program administrator, as prescribed, and requires a program administrator to establish and maintain a training program for PACE solicitor agents that is acceptable to the Commissioner of Financial Protection and Innovation. This bill would additionally prohibit a program administrator from executing an assessment contract, commencing work under a home improvement contract that is financed by that assessment contract, or executing the home improvement contract unless, except as specified, the property that will be subject to the assessment contract has undergone an energy audit by certain parties, including an auditor or rater certified by the Building Performance Institute, that includes certain information in a written report provided to the property owner as a printed paper copy. The bill would also prohibit a program administrator from disbursing funds to a PACE solicitor or PACE solicitor agent pursuant to an assessment contract unless at least one of certain criteria is met, including that, for assessment contracts financing improvements that require permitting or inspections under state or local law, the program administrator has obtained copies of all required permits and final inspection documentation.
June 23 set for first hearing. Failed passage in committee. (Ayes 3. Noes 2.)
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 31. Noes 4. Page 1338.) Ordered to the Assembly.
Read second time. Ordered to third reading.
From committee: Do pass as amended. (Ayes 5. Noes 2. Page 1193.) (May 20).
Read second time and amended. Ordered to second reading.
Set for hearing May 20.
May 10 hearing: Placed on APPR suspense file.
Set for hearing May 10.
Read second time and amended. Re-referred to Com. on APPR.
From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 1. Page 875.) (April 21).
Set for hearing April 21.
April 7 hearing postponed by committee.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.
Set for hearing April 7.
(Ayes 32. Noes 4.)
Joint Rule 55 suspended. (Ayes 32. Noes 4. Page 272.)
Art. IV. Sec. 8(a) of the Constitution dispensed with.
From printer. May be acted upon on or after March 20.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB476 | HTML |
| 02/17/21 - Introduced | |
| 03/10/21 - Amended Senate | |
| 04/22/21 - Amended Senate | |
| 05/20/21 - Amended Senate |
| Document | Format |
|---|---|
| 04/19/21- Senate Banking and Financial Institutions | |
| 05/07/21- Senate Appropriations | |
| 05/20/21- Senate Appropriations | |
| 05/25/21- Sen. Floor Analyses | |
| 06/22/21- Assembly Local Government |
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