ARTICLE 3.7. Clean Renewable Energy Bonds for the Department of Transportation [157. - 157.8.]

Article 3.7 added by Stats. 2008, Ch. 756, Sec. 15.

§§ 157–157.8 · 6 sections

• § 157 It is the intent of the Legislature that the authority granted to the Department of Transportation under this act is restricted to the specific program for…
• § 157.1 The department, through the Treasurer and the California Alternative Energy and Advanced Transportation Financing Authority, may issue Clean Renewable Energy…
• § 157.2 (a) The net proceeds of bonds issued under this article shall be deposited in the Clean Renewable Energy Bonds Subaccount, which is hereby established as a…
• § 157.4 (a) In conjunction with the issuance of bonds pursuant to Section 157.1, the department may, until January 1, 2014, enter into lease-purchase agreements, lease…
• § 157.6 The solar energy systems funded pursuant to this article may utilize, and shall comply with, either the net energy metering program allowable under Section…
• § 157.8 On or before March 1 of each fiscal year, and until maturity of the bonds issued pursuant to this article, the department shall report to the budget committees…