DIVISION 30. CalConserve Water Use Efficiency Revolving Loan Program [81000. - 81046.]

Division 30 added by Stats. 2014, Ch. 825, Sec. 2.

§§ 81000–81046 · 14 sections

1. PART 1. General Provisions §§ 81000–81005 · 2 sections

   • § 81000 (a) It is the intent of the Legislature in establishing the CalConserve Water Use Efficiency Revolving Fund to create a sustainable funding source for water…
   • § 81005 For purposes of this division, the following terms have the following meanings: (a) “Fund” means the CalConserve Water Use Efficiency Revolving Fund…
2. PART 2. CalConserve Water Use Efficiency Revolving Fund §§ 81020–81035 · 8 sections

   • § 81020 The CalConserve Water Use Efficiency Revolving Fund is hereby created in the State Treasury. Moneys in the fund are available, upon appropriation by the…
   • § 81022 The proceeds of any bonds authorized to be issued and available for the purposes of Section 79157 shall be transferred to the fund and used by the department…
   • § 81023 (a) Consistent with Division 26.7 (commencing with Section 79700), the sum of three million dollars ($3,000,000) of the proceeds of bonds authorized to be…
   • § 81024 The department may undertake any of the following: (a) Provide for the deposit of any available and necessary moneys into the fund. (b) Enter into agreements…
   • § 81026 (a) The department may enter into an agreement with the federal government for federal contributions to the fund only if both of the following conditions are…
   • § 81030 Moneys in the fund shall be used for the following purposes: (a) Loans to local agencies that meet all of the following requirements: (1) Are made at or below…
   • § 81033 Funds made available pursuant to this division to a local agency shall not be used for that local agency’s administrative costs.
   • § 81035 Any repayment of fund moneys, including interest payments, and all interest earned on, or accruing to, any moneys in the fund, shall be deposited in the fund…
3. PART 3. Implementation §§ 81040–81046 · 4 sections

   • § 81040 Projects shall have one or more of the following benefits: (a) Measurably reduce urban per capita potable water use. (b) Measurably reduce agricultural water…
   • § 81042 Subject to all applicable constitutional restrictions, a local agency may borrow money and incur indebtedness pursuant to this division.
   • § 81044 The department may adopt rules and guidelines necessary or convenient to implement this division.
   • § 81046 A local agency may implement water use efficiency loan programs pursuant to this division through on-bill financing.