Select Policy Area Select all Child Care Criminal Justice General Government Health Higher Education K-12 Education Resources and Environmental Protection Revenues Social Services Transportation, Business and Housing OR Select Department Select all 0.5-Crosscutting 3.60-Contribution to Public Employees’ Retirement Benefits Control Section 0250-Judiciary 0390-Contributions to the Judges' Retirement Fund 0509-Governor's Office of Business and Economic Development 0530-Secretary for Health and Human Services 0595-State Inspector General 0596-California Agency on Service and Volunteering 0650-Governor's Office of Land Use and Climate Innovation 0690-Governor's Office of Emergency Services 0820-Department of Justice 0840-State Controller 0911-Citizens Redistricting Commission 0971-California Alternative Energy and Advanced Transportation Financing Authority 2100-Department of Alcoholic Beverage Control 2240-Department of Housing and Community Development 2660-Department of Transportation 2665-High-Speed Rail Authority 2740-Department of Motor Vehicles 3360-Energy Resources Conservation and Development Commission (California Energy Commission) 3480-Department of Conservation 3540-Department of Forestry and Fire Protection 3560-State Lands Commission 3600-Department of Fish and Wildlife 3640-Wildlife Conservation Board 3790-Department of Parks and Recreation 3860-Department of Water Resources 3900-Air Resources Board 3940-State Water Resources Control Board 3960-Department of Toxic Substances Control 4250-California Children and Families First Commission 4260-Department of Health Care Services 4265-Department of Public Health 4270-California Medical Assistance Commission 4280-Managed Risk Medical Insurance Board 4300-Department of Developmental Services 4440-Department of State Hospitals 5180-Department of Social Services (DSS) 5225-Department of Corrections and Rehabilitation 6300-Contributions to State Teachers' Retirement System 6440-University of California 6870-California Community Colleges 7100-Employment Development Department 8660-Public Utilities Commission 8820-Commission on the Status of Women and Girls 8830-California Law Revision Commission 8855-California State Auditor's Office 8860-Department of Finance 8885-Commission on State Mandates 9350-Shared Revenues 9620-Cash Management and Budgetary Loans 9650-Health and Dental Benefits for Annuitants 9801-Reduction for Employee Compensation 2015 2014 2013 2012 2011 2010
May Revision Request to Establish New Revolving Loan Fund. The California Energy Commission has requested the establishment of the Clean and Renewable Energy Business Financing Revolving Loan Fund. The administration's proposal would authorize the Commission to conduct and administer the Clean and Renewable Energy Business Financing Program. The Commission proposes to utilize $30 million in federal funds from American Recovery and Reinvestment Act of 2009 in order to operate the revolving loan program. The budget proposes trailer bill language to establish this fund with continuous appropriation authority.
LAO Recommendation. We recommend that the Legislature adopt budget bill language tied to the Commission's federal funds appropriation to provide that the expenditure of up to $30 million for the Clean and Renewable Energy Business Financing Program is conditioned on enactment of legislation establishing the revolving loan fund to be administered by the program. This will ensure that any policy parameters that the Legislature wishes to place on the operation of the loan fund are in place before expenditures for this new program are made.