PART 2. CalConserve Water Use Efficiency Revolving Fund [81020. - 81035.]

Part 2 added by Stats. 2014, Ch. 825, Sec. 2.

§§ 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…