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AB-846 Energy: property assessed clean energy.(2013-2014)

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Amended  IN  Assembly  March 14, 2013

CALIFORNIA LEGISLATURE— 2013–2014 REGULAR SESSION

Assembly Bill
No. 846


Introduced by Assembly Member Achadjian

February 21, 2013


An act to amend Section 27421 of the Government add Section 26065 to the Public Resources Code, relating to county assessors energy.


LEGISLATIVE COUNSEL'S DIGEST


AB 846, as amended, Achadjian. County assessors: duties. Energy: property assessed clean energy.
Existing law requires the county assessor in each county who is designated to perform the duty of assessing property for a local taxing jurisdiction to provide an estimate of the assessed valuation of property within the jurisdiction, as specified. authorizes a public agency, as defined, and as part of a property assessed clean energy (PACE) program, to issue a PACE bond that is secured by a voluntary contractual assessment or voluntary special tax on property to finance the installation of distributed generation renewable energy sources, electric vehicle charging infrastructure, or energy or water efficiency improvements, if the public agency receives approval from the California Alternative Energy and Advanced Transportation Financing Authority, as specified.
This bill would make technical, nonsubstantive changes to those provisions. authorize a school district, county office of education, or charter school to voluntarily enter into an agreement with a PACE program to finance, refinance, or lease the installation of distributed generation renewable energy sources, electric vehicle charging infrastructure, or energy or water efficiency improvements.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 26065 is added to the Public Resources Code, to read:

26065.
 Notwithstanding Section 26061, and subject to the limitations of Section 18 of Article XVI of the California Constitution, a school district, county office of education, or charter school may voluntarily enter into an agreement with a PACE program to finance, refinance, or lease the installation of distributed generation renewable energy sources, electric vehicle charging infrastructure, or energy or water efficiency improvements.

SECTION 1.Section 27421 of the Government Code is amended to read:
27421.

The county assessor in each county who is designated to perform the duty of assessing property for a local taxing jurisdiction shall, upon request of the governing body of that jurisdiction, excluding a school district, provide not later than May 15th of each year an estimate of the assessed valuation of property within that jurisdiction for the next fiscal year. Such request shall be made on or before February 20th of each year. The estimate shall contain estimates of the total of each of the items contained on the assessment roll as well as the estimated total valuation.