Bill
Bill > SB1265
CA SB1265
CA SB1265California Alternative Energy and Advanced Transportation Financing Authority: financial assistance programs and products.
summary
Introduced
02/19/2026
02/19/2026
In Committee
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
An act to add Section 26016 to the Public Resources Code, relating to energy, and making an appropriation therefor.
AI Summary
This bill authorizes the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA), an agency established to promote clean energy and advanced transportation in California by reducing greenhouse gas emissions and dependence on fossil fuels, to create its own financial assistance programs and products using its own funds or money from other sources, on terms it deems appropriate. It also establishes the Alternative Energy and Advanced Transportation Expansion Fund in the State Treasury, into which all money, including any interest earned on investments, will be continuously appropriated to the CAEATFA for its expenditures and administrative costs, meaning the funds are available for use without needing annual legislative approval.
Sponsors (1)
Last Action
From printer. May be acted upon on or after March 22. (on 02/20/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB1265 |
| BillText | https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202520260SB1265#99INT |
Loading...