2020 - Senate Bill 100 (Committee on Budget and Fiscal Review), Climate Catalyst Revolving Loan Fund (Dead)
Budget, Climate Change
Office of Legislative Affairs
Would have established the Climate Catalyst Revolving Loan Fund Act of 2020. This bill would have created the Climate Catalyst Revolving Loan Fund (Fund) within the State Treasury, and made the moneys in the fund available for expenditure, upon appropriation by the Legislature. This bill would have also required the California Infrastructure and Economic Development Bank (IBank) to administer the Fund and would have authorized IBank to provide financial assistance to any eligible sponsor or participating party for eligible climate catalyst projects. Failed passage on the Assembly Floor.