California 2013-2014 Regular Session Status: In Committee

AB 122 — Energy improvements: financing.

Last action — From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2013-2014 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Existing law requires the State Energy Resources Conservation and Development Commission to implement a program to provide financial assistance for energy efficiency projects. This bill would enact the Nonresidential Real Property Energy Retrofit Financing Act of 2014 and would require the commission to establish the Nonresidential Real Property Energy Retrofit Financing Program. The program would provide financial assistance, through authorizing the issuance of, among other things, revenue bonds, to owners of eligible real properties, as defined, for implementing energy improvements for their properties. The bill would require that the bonds be secured by the recording of an energy remittance repayment agreement lien, as defined, on the eligible real property for which the improvements are performed. The bill would require a loan servicer to collect installment payments from owners of eligible real properties whose applications have been approved by the commission. The bill would require the State Board of Equalization to collect repayment installments that are delinquent. The bill would authorize the California Alternative Energy and Advanced Transportation Financing Authority, on behalf of the commission, to issue and renew the negotiable revenue bonds to generate moneys to finance energy improvements for approved applicants. The bill would establish the Nonresidential Real Property Energy Retrofit Debt Servicing Fund in the State Treasury and the Loan Loss Reserve Account and Administration Account within the fund. The bill would require the commission to deposit the installment payment received from the owners of eligible real properties into the fund and certain fees collected into the specified accounts. The bill would continuously appropriate the moneys in the fund and the accounts to repay the principal and interest on the bonds, and to cover the administrative costs incurred by the authority, the commission, and the State Board of Equalization, thereby making an appropriation.

Bill Text

Action History

  1. From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.

  2. Died pursuant to Art. IV, Sec. 10(c) of the Constitution.

  3. In committee: Set, second hearing. Hearing canceled at the request of author.

  4. Re-referred to Com. on APPR.

  5. From committee chair, with author's amendments: Amend, and re-refer to Com. on APPR. Read second time and amended.

  6. In committee: Hearing postponed by committee.

  7. In committee: Set, first hearing. Referred to APPR. suspense file.

  8. From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 5.) (April 29). Re-referred to Com. on APPR.

  9. Re-referred to Com. on U. & C.

  10. From committee chair, with author's amendments: Amend, and re-refer to Com. on U. & C. Read second time and amended.

  11. In committee: Set, first hearing. Hearing canceled at the request of author.

  12. From committee: Do pass and re-refer to Com. on U. & C. (Ayes 8. Noes 3.) (April 8). Re-referred to Com. on U. & C.

  13. Re-referred to Com. on B. & F.

  14. From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.

  15. Re-referred to Com. on B. & F.

  16. From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.

  17. Referred to Coms. on B. & F. and NAT. RES.

  18. From printer. May be heard in committee February 14.

  19. Read first time. To print.

Sponsors

  • Rendon · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on · 3 voted No

Sponsors (1)

  • Rendon

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

Show all 121 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Do pass and be re-referred to the Committee on Appropriations.

Passed 10 Yea · 5 Nay
Party YeaNayPresentNot Voting
Unaffiliated 8300
Republican 0200
Democratic 2000
Total 10500
% of votes cast 67%33%0%0%
How each member voted (15)
Member Party Vote
Bradford — Yea
Buchanan — Yea
Quirk — Yea
Skinner — Yea
Bonilla — Yea
Chávez — Nay
Rendon — Yea
Williams — Yea
Gorell — Nay
Beth Gaines — Nay
Roger Hernández — Yea
Fong, Mike Democratic Yea
Garcia, Robert Democratic Yea
Jones, Brian W. Republican Nay
Patterson, Joe Republican Nay

Official roll call →

Subjects

energy
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does AB 122 do?
Existing law requires the State Energy Resources Conservation and Development Commission to implement a program to provide financial assistance for energy efficiency projects. This bill would enact the Nonresidential Real Property Energy Retrofit Financing Act of 2014 and would require the commission to establish the Nonresidential Real Property Energy Retrofit Financing Program. The program would provide financial assistance, through authorizing the issuance of, among other things, revenue bonds, to owners of eligible real properties, as defined, for implementing energy improvements for their properties. The bill would require that the bonds be secured by the recording of an energy remittance repayment agreement lien, as defined, on the eligible real property for which the improvements are performed. The bill would require a loan servicer to collect installment payments from owners of eligible real properties whose applications have been approved by the commission. The bill would require the State Board of Equalization to collect repayment installments that are delinquent. The bill would authorize the California Alternative Energy and Advanced Transportation Financing Authority, on behalf of the commission, to issue and renew the negotiable revenue bonds to generate moneys to finance energy improvements for approved applicants. The bill would establish the Nonresidential Real Property Energy Retrofit Debt Servicing Fund in the State Treasury and the Loan Loss Reserve Account and Administration Account within the fund. The bill would require the commission to deposit the installment payment received from the owners of eligible real properties into the fund and certain fees collected into the specified accounts. The bill would continuously appropriate the moneys in the fund and the accounts to repay the principal and interest on the bonds, and to cover the administrative costs incurred by the authority, the commission, and the State Board of Equalization, thereby making an appropriation.
Who sponsors AB 122?
AB 122 is sponsored by Rendon.
What is the current status of AB 122?
This bill died with 2013-2014 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 122?
Track AB 122 free on One Click Politics — get push/email alerts when it moves.

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