Today's Law As Amended

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AB-523 Electric Program Investment Charge: allocation.(2017-2018)



SECTION 1.

 Section 25711.6 is added to the Public Resources Code, to read:

25711.6.
 (a) The commission shall give preference for funding pursuant to this chapter to clean energy projects that benefit residents of low-income or disadvantaged communities.
(b) The commission shall expend at least 25 percent of the moneys appropriated from the fund for technology demonstration and deployment at sites located in, and benefiting, disadvantaged communities.
(c) The commission shall expend at least 10 percent of the moneys appropriated from the fund for technology demonstration and deployment at sites located in, and benefiting, low-income communities located in the state.
(d) Moneys allocated pursuant to subdivision (b) shall not count toward the allocation made pursuant to subdivision (c).
(e) The commission shall, if applicable, give the fullest possible consideration to an applicant’s analysis identifying potential adverse localized health impacts.
(f) For purposes of this section, the following definitions apply:
(1) “Disadvantaged communities” means communities identified pursuant to Section 39711 of the Health and Safety Code.
(2) “Low-income communities” means communities within census tracts with median household incomes at or below either of the following levels:
(A) Eighty percent of the statewide median income.
(B) The applicable low-income threshold listed in the state income limits updated by the Department of Housing and Community Development and filed with the Office of Administrative Law pursuant to subdivision (c) of Section 50093 of the Health and Safety Code.