California Financing Law: program administrators.
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SB 476 — California Financing Law: program administrators.
Last action — June 23 set for first hearing. Failed passage in committee. (Ayes 3. Noes 2.)
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed Assembly
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5To Executive
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6Enacted
This bill died with 2021-2022 Regular Session. It reached “Passed Senate” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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, 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.
Bill Text
- Amended 05/20/21 - Amended Senate Current pdf May 20, 2021
- Amended 04/22/21 - Amended Senate pdf April 22, 2021
- Amended 03/10/21 - Amended Senate pdf March 10, 2021
- Introduced 02/17/21 - Introduced pdf February 17, 2021
- SB476 View text html
Action History
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June 23 set for first hearing. Failed passage in committee. (Ayes 3. Noes 2.)
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Referred to Coms. on L. GOV. and B. & F.
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In Assembly. Read first time. Held at Desk.
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Read third time. Passed. (Ayes 31. Noes 4. Page 1338.) Ordered to the Assembly.
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Read second time. Ordered to third reading.
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Read second time and amended. Ordered to second reading.
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From committee: Do pass as amended. (Ayes 5. Noes 2. Page 1193.) (May 20).
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Set for hearing May 20.
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May 10 hearing: Placed on APPR suspense file.
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Set for hearing May 10.
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Read second time and amended. Re-referred to Com. on APPR.
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From committee: Do pass as amended and re-refer to Com. on APPR. (Ayes 8. Noes 1. Page 875.) (April 21).
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Set for hearing April 21.
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April 7 hearing postponed by committee.
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From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.
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Set for hearing April 7.
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Referred to Com. on B. & F.I.
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Joint Rule 55 suspended. (Ayes 32. Noes 4. Page 272.)
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(Ayes 32. Noes 4.)
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Art. IV. Sec. 8(a) of the Constitution dispensed with.
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From printer. May be acted upon on or after March 20.
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Introduced. Read first time. To Com. on RLS. for assignment. To print.
Sponsors
- Min · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 121 not signed on · 4 voted No
Sponsors (1)
- Min
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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 2 | 0 | 0 | 1 |
| Democratic | 1 | 1 | 0 | 2 |
| Republican | 0 | 1 | 0 | 0 |
| Total | 3 | 2 | 0 | 3 |
| % of votes cast | 38% | 25% | 0% | 38% |
How each member voted (8)
| Member | Party | Vote |
|---|---|---|
| Voepel | — | Yea |
| Bloom | — | Yea |
| Luz Rivas | — | Not Voting |
| Aguiar-Curry, Cecilia M. | Democratic | Nay |
| Boerner, Tasha | Democratic | Yea |
| Ramos, James C. | Democratic | Not Voting |
| Rivas, Robert | Democratic | Not Voting |
| Lackey, Tom | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 12 | 0 | 0 | 1 |
| Unaffiliated | 17 | 2 | 0 | 4 |
| Republican | 2 | 2 | 0 | 0 |
| Total | 31 | 4 | 0 | 5 |
| % of votes cast | 78% | 10% | 0% | 13% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Glazer | — | Yea |
| Roth | — | Yea |
| Eggman | — | Yea |
| Bates | — | Yea |
| Gonzalez | — | Yea |
| Portantino | — | Yea |
| Bradford | — | Yea |
| Min | — | Yea |
| Hertzberg | — | Yea |
| Leyva | — | Yea |
| Atkins | — | Yea |
| Newman | — | Yea |
| Hueso | — | Yea |
| Kamlager | — | Yea |
| Pan | — | Yea |
| Rubio | — | Yea |
| Dodd | — | Yea |
| Wilk | — | Nay |
| Nielsen | — | Nay |
| Borgeas | — | Not Voting |
| Skinner | — | Not Voting |
| Wieckowski | — | Not Voting |
| Melendez | — | Not Voting |
| Allen, Benjamin | Democratic | Yea |
| Archuleta, Bob | Democratic | Yea |
| Becker, Josh | Democratic | Yea |
| Caballero, Anna M. | Democratic | Yea |
| Cortese, Dave | Democratic | Yea |
| Durazo, Maria Elena | Democratic | Yea |
| Hurtado, Melissa | Democratic | Yea |
| Laird, John | Democratic | Yea |
| Limón, Monique | Democratic | Yea |
| McGuire, Mike | Democratic | Not Voting |
| Stern, Henry I. | Democratic | Yea |
| Umberg, Thomas J. | Democratic | Yea |
| Wiener, Scott D. | Democratic | Yea |
| Dahle, Megan | Republican | Nay |
| Grove, Shannon | Republican | Yea |
| Jones, Brian W. | Republican | Nay |
| Ochoa Bogh, Rosilicie | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 4 | 1 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Republican | 0 | 1 | 0 | 0 |
| Total | 5 | 2 | 0 | 0 |
| % of votes cast | 71% | 29% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Wieckowski | — | Yea |
| Kamlager | — | Yea |
| Portantino | — | Yea |
| Bradford | — | Yea |
| Bates | — | Nay |
| Laird, John | Democratic | Yea |
| Jones, Brian W. | Republican | Nay |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 5 | 0 | 0 | 0 |
| Democratic | 1 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 7 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (7)
| Member | Party | Vote |
|---|---|---|
| Kamlager | — | Yea |
| Bates | — | Yea |
| Bradford | — | Yea |
| Portantino | — | Yea |
| Wieckowski | — | Yea |
| Laird, John | Democratic | Yea |
| Jones, Brian W. | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democratic | 3 | 0 | 0 | 0 |
| Republican | 1 | 1 | 0 | 0 |
| Unaffiliated | 4 | 0 | 0 | 0 |
| Total | 8 | 1 | 0 | 0 |
| % of votes cast | 89% | 11% | 0% | 0% |
How each member voted (9)
| Member | Party | Vote |
|---|---|---|
| Min | — | Yea |
| Hueso | — | Yea |
| Eggman | — | Yea |
| Portantino | — | Yea |
| Caballero, Anna M. | Democratic | Yea |
| Durazo, Maria Elena | Democratic | Yea |
| Limón, Monique | Democratic | Yea |
| Dahle, Megan | Republican | Nay |
| Ochoa Bogh, Rosilicie | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 476 do?
- 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.
- Who sponsors SB 476?
- SB 476 is sponsored by Min.
- What is the current status of SB 476?
- This bill died with 2021-2022 Regular Session. It reached “Passed Senate” 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 SB 476?
- Track SB 476 free on One Click Politics — get push/email alerts when it moves.
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