Cal. Pub. Resources Code § 25630

Current through the 2023 Legislative Session.
Section 25630 - Generally
(a) The commission shall establish a small business energy assistance low-interest revolving loan program to fund the purchase of equipment for alternative technology energy projects for California's small businesses.
(b) Loan repayments, interest, and royalties shall be deposited in the Energy Technologies Research, Development, and Demonstration Account. The interest rate shall be based on surveys of existing financial markets and at rates not lower than the Pooled Money Investment Account.

Ca. Pub. Res. Code § 25630

Amended by Stats 2004 ch 227 (SB 1102), s 93, eff. 8/16/2004.