reglab/housing_qa huggingface dataset:
CA Govt Code § 63048.92 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 6.7 - Climate Catalyst Revolving Loan Fund Act of 2020|Section 63048.92.

63048.92.  The definitions contained in this section are in addition to the definitions contained in Section 63010 and together with the definitions contained in that section shall govern the construction of this article, unless the context requires otherwise:(a) “Bank” means the Infrastructure and Economic Development Bank.(b)  “Climate catalyst project” means any building, structure, equipment, infrastructure, or other improvement within California, or financing the general needs of any sponsor or participating party for operations or activities within California that are consistent with, and intended to, further California’s climate goals, activities that reduce climate risk, and the implementation of low-carbon technology and infrastructure.(c) “Climate Catalyst Revolving Loan Fund” means revolving funds by that name created under, and administered pursuant to, this article to provide financial assistance for climate catalyst projects.(d) “Climate Catalyst Revolving Loan Fund Program” means the program of that name to administer the Climate Catalyst Revolving Loan Fund and to provide financial assistance for climate catalyst projects, to be administered by the bank pursuant to this article and criteria, priorities, and guidelines to be adopted by the bank board.(e) “Climate catalyst financing plan” means the bank’s report identifying potential categories and eligibility criteria of climate catalyst projects that may receive financial assistance under this article. The climate catalyst financing plan shall be based on the bank’s direct consultation with the consulting agencies.(f) “Consulting agencies” means the state agencies set forth in subdivision (f) of Section 63048.93 and any additional state agencies identified pursuant to subdivision (g) of Section 63048.93.(g) “Disadvantaged” when used in conjunction with a participating party recipient or potential recipient of financial assistance means a participating party that is economically disadvantaged, or is operating in a community characterized by socioeconomic indicators that may include, but are not limited to, low- to -moderate income, poverty rates, unemployment, educational attainment, and other disadvantaging factors that limit access to capital and other resources.(h) “Sponsor” and “participating party” shall mean the same as defined in Section 63010, but also include federally recognized Native American tribes and tribal business enterprises located in California.(Amended by Stats. 2021, Ch. 258, Sec. 4. (SB 155) Effective September 23, 2021.)
CA Govt Code § 63048.94 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 6.7 - Climate Catalyst Revolving Loan Fund Act of 2020|Section 63048.94.

63048.94.  (a) Annually, commencing October 1, 2022, and no later than October 1 of each year, the bank shall prepare and submit to the Governor, the Speaker of the Assembly, the President pro Tempore of the Senate, and the Legislative Analyst’s Office a report containing Climate Catalyst Revolving Loan Fund Program activity for the preceding fiscal year ending June 30, and including all of the following:(1) Information on individual Climate Catalyst Revolving Loan Fund Program financing, specifically all of the following:(A) Climate catalyst project category.(B) Climate catalyst project description.(C) Total climate catalyst project cost.(D) Financial assistance amount.(E) Outstanding financial assistance amount due.(F) Aggregate amount of third-party financing.(G) The county and city of the funded climate catalyst project.(H) A description of the expected contribution of the climate catalyst project to the state’s climate policy objectives, including both greenhouse gas reduction and climate resilience benefits.(I) Type and quality of any jobs created as a result of the financial assistance.(2) Total number and type of financial assistance issued to small businesses.(3) Total number and type of applications received.(4) Recommendations on needed Climate Catalyst Revolving Loan Fund Program changes or improvements to meet the objectives of this article. The bank shall meet and confer with the state agencies identified in subdivision (f) of Section 63048.93, and any additional agencies added pursuant to subdivision (g) of Section 63048.93, prior to the annual submission of the report required herein in an effort to develop those recommendations.(b) The report submitted pursuant to subdivision (a) shall be submitted in compliance with Section 9795.(c) (1) The report shall be posted on the bank’s internet website.(2) The report shall be presented to the bank board at its final public meeting of the calendar year in which the report was prepared. If the bank board holds no public meetings following the submission of the report, the report shall be presented to the bank board at its next available public meeting.(Amended by Stats. 2021, Ch. 258, Sec. 6. (SB 155) Effective September 23, 2021.)
CA Govt Code § 63048.95 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 6.7 - Climate Catalyst Revolving Loan Fund Act of 2020|Section 63048.95.

63048.95.  (a) (1) There is hereby created in the State Treasury the Climate Catalyst Revolving Loan Fund for the purpose of implementing the objectives and provisions of this article. The Climate Catalyst Revolving Loan Fund shall be separate from any other fund or account created under this division.(2) Obligations of the bank incurred in connection with the activities authorized under this article shall be payable solely from moneys within the Climate Catalyst Revolving Loan Fund. No other fund or account of the bank shall be available or shall be used for the payment of obligations incurred in connection with this article.(3) Within the Climate Catalyst Revolving Loan Fund there shall also be established a Climate Catalyst Revolving Loan Account, a Climate Catalyst Guarantee and Credit Enhancement Account, a Climate Catalyst Securities Acquisition Account, and additional accounts and subaccounts that the bank may establish.(b) (1) (A) Notwithstanding Section 13340, moneys, except as provided in subparagraphs (B) and (C), in the Climate Catalyst Revolving Loan Fund are continuously appropriated, without regard to fiscal year, for the support of the bank and shall be available for expenditure for the purposes as stated in this article.(B) Moneys in the Climate Catalyst Revolving Loan Fund received pursuant to a federal appropriation are available for expenditure only upon appropriation by the Legislature.(C) Moneys in the Climate Catalyst Revolving Loan Fund shall be available for expenditure to support administrative costs only upon appropriation by the Legislature.(2) This subdivision shall not limit the authority of the bank to expend funds directly related to the servicing of approved debt, payments on credit enhancements or guarantees, acquisition of securities of any sponsor or participating party in connection with a climate catalyst project, or any other purpose in connection with providing financial assistance to a sponsor or participating party in connection with a climate catalyst project as set forth in this article.(c) Not more than 5 percent of any bond proceeds administered by the bank in connection with the activities of the bank authorized under this article may be expended to cover the costs of issuance, as that terminology is defined under Section 147(g) of the Internal Revenue Code (26 U.S.C. Sec. 147(g)).(Amended by Stats. 2021, Ch. 258, Sec. 7. (SB 155) Effective September 23, 2021.)
CA Govt Code § 63048.97 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 6.7 - Climate Catalyst Revolving Loan Fund Act of 2020|Section 63048.97.

63048.97.  (a) The bank may administer and distribute among the accounts and subaccounts created under this article, at its discretion, the proceeds from any general obligation bonds issued in accordance with the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2).(b) The assets of the Climate Catalyst Revolving Loan Fund shall be available for the payment of the salaries and other expenses incurred by the bank in connection with the administration of this article, all in accordance with this article.(Added by Stats. 2020, Ch. 10, Sec. 2. (AB 78) Effective June 29, 2020.)
CA Govt Code § 63048.98 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 6.7 - Climate Catalyst Revolving Loan Fund Act of 2020|Section 63048.98.

63048.98.  All costs, liabilities, obligations, and expenses incurred in carrying out the purposes of this article shall be payable solely from funds provided for the purposes of this article, and no liability, cost, expense, or obligation shall be imposed upon the state or the bank beyond the extent to which money shall have been provided solely for the purposes of the bank’s activities authorized under this article.(Added by Stats. 2020, Ch. 10, Sec. 2. (AB 78) Effective June 29, 2020.)
CA Govt Code § 63048.99 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 6.7 - Climate Catalyst Revolving Loan Fund Act of 2020|Section 63048.99.

63048.99.  (a) Moneys in the Climate Catalyst Revolving Loan Fund received from the proceeds of bonds issued pursuant to this division may not be transferred to any other fund except as necessary to pay the expenses of operating the Climate Catalyst Revolving Loan Fund Program.(b) The bank, for deposit in the Climate Catalyst Revolving Loan Fund for use as set forth in this article, may borrow or receive moneys from other funds within the bank, as permitted by this division, or from any federal, state, or local agency, or any private entity, for the purposes of this article and as authorized by resolution of the board.(Added by Stats. 2020, Ch. 10, Sec. 2. (AB 78) Effective June 29, 2020.)
CA Govt Code § 63048.100 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 6.7 - Climate Catalyst Revolving Loan Fund Act of 2020|Section 63048.100.

63048.100.  (a) Notwithstanding Chapter 2 (commencing with Section 12850) of Part 2.5 of Division 3 of Title 2 and Article 2 (commencing with Section 13320) of Chapter 3 of Part 3 of Division 3 of Title 2, expenditures of the Climate Catalyst Revolving Loan Fund shall not be subject to the supervision or approval of any other officer or division of state government, with the exception of the Legislature. However, the bank’s budget for the activities authorized in this article shall be prepared and reviewed not later than November 1 of each year.(b) The bank’s budget regarding the Climate Catalyst Revolving Loan Fund shall include the amount of credit and liabilities of the fund, based on an audit of the fund at the close of the prior fiscal year. The bank’s operating budget in connection with the activities authorized under this article shall be subject to review and appropriation in the annual Budget Act.(Added by Stats. 2020, Ch. 10, Sec. 2. (AB 78) Effective June 29, 2020.)
CA Govt Code § 63049 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 7 - Tobacco Settlement State Securitization|Section 63049.

63049.  The definitions contained in this section are in addition to the definitions contained in Section 63010 and together with the definitions contained in that section shall govern the construction of this article, unless the context requires otherwise:(a) “California escrow agreement” means the escrow agreement dated April 12, 2000, as amended, between the Attorney General, on behalf of the state, and the California escrow agent named in the agreement relating to the division between the state and the participating jurisdictions of amounts payable under the Master Settlement Agreement.(b) “Consent decree and final judgment” means, collectively, the Consent Decree and Final Judgment entered in the Superior Court of the State of California for San Diego County on December 9, 1998, approving the Master Settlement Agreement, the memorandum of understanding, and the orders entered by the court on January 18, 2000, and July 30, 2001, approving the Agreement Regarding Interpretation of Memorandum of Understanding.(c) “Master Settlement Agreement” means the settlement dated November 23, 1998, as amended, among the attorneys general of 46 states (including California), the District of Columbia, the Commonwealth of Puerto Rico, Guam, the U.S. Virgin Islands, American Samoa, and the Commonwealth of the Northern Mariana Islands, and Philip Morris Incorporated, R. J. Reynolds Tobacco Company, Brown and Williamson Tobacco Corporation, Lorillard Tobacco Company, and the other Subsequent Participating Manufacturers as defined therein.(d) “Memorandum of understanding” means, collectively, the memorandum of understanding dated August 5, 1998, as amended, together with the Agreement Regarding Interpretation of Memorandum of Understanding, as amended, among the state and various local governments of the state to coordinate their pending cases and to allocate certain portions of the recovery under the Master Settlement Agreement.(e) “Operating expenses” means the reasonable operating expenses of the special purpose trust, including, without limitation, the costs of preparation of accounting and other reports, maintenance of the ratings on the bonds, insurance premiums, or other required activities of the special purpose trust, and fees and expenses incurred for professional consultants and fiduciaries.(f) “Tobacco assets” means all moneys required to be paid to the state under the Master Settlement Agreement, as further provided in the memorandum of understanding and the California escrow agreement, and all of the state’s rights to receive those payments.(Amended by Stats. 2009, Ch. 28, Sec. 1. Effective August 6, 2009.)
CA Govt Code § 63049.2 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 7 - Tobacco Settlement State Securitization|Section 63049.2.

63049.2.  Notwithstanding any other provision of this division, Article 3 (commencing with Section 63040), Article 4 (commencing with Section 63042), and Article 5 (commencing with Section 63043) do not apply to any bonds issued by the special purpose trust established by this article. All matters authorized in this article are in addition to powers granted to the bank in this division.(Added by Stats. 2002, Ch. 414, Sec. 2. Effective January 1, 2003.)
CA Govt Code § 63049.3 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 7 - Tobacco Settlement State Securitization|Section 63049.3.

63049.3.  Any sale of some or all of the tobacco assets under this article shall be treated as a true sale and absolute transfer of the property so transferred to the special purpose trust and not as a pledge or grant of a security interest by the state, the bank board, the State Public Works Board, or the bank for any borrowing. The characterization of the sale of any of those assets as an absolute transfer by the participants shall not be negated or adversely affected by the fact that only a portion of the tobacco assets is transferred, nor by the state’s acquisition of an ownership interest in any residual interest or a subordinate interest in the tobacco assets, nor by any characterization of the special purpose trust or its bonds for purposes of accounting, taxation, or securities regulation, nor by any other factor whatsoever.(Added by Stats. 2002, Ch. 414, Sec. 2. Effective January 1, 2003.)
CA Govt Code § 63049.5 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 7 - Tobacco Settlement State Securitization|Section 63049.5.

63049.5.  The state acknowledges and agrees that its 57 counties, the Cities of San Jose, Los Angeles, and San Diego, and the City and County of San Francisco, commonly and collectively known as the “participating jurisdictions,” have rights and interests in the memorandum of understanding. In recognition of the rights of the participating jurisdictions of the state contained in the memorandum of understanding, the state pledges that the sale of tobacco assets authorized by this article shall in no way include and the state shall not otherwise materially adversely alter, limit, or impair the rights of the participating jurisdictions, including, but not limited to, rights to receive payments, set forth in the memorandum of understanding. Nothing in this article shall be construed to alter the right of each of the participating jurisdictions to sell or assign some or all of its interest, and rights to receive payments, under the memorandum of understanding in the manner deemed appropriate by its governing body.(Amended by Stats. 2009, Ch. 28, Sec. 3. Effective August 6, 2009.)
CA Govt Code § 63049.55 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 7 - Tobacco Settlement State Securitization|Section 63049.55.

63049.55.  (a) The Tobacco Asset Sales Revenue Fund is hereby established in the State Treasury for the purpose of maintaining a separate account for the investment of proceeds received from the sale of any residual interests in tobacco assets and for the investment earnings on those proceeds.(b) Pursuant to Article 4 (commencing with Section 16740) of Chapter 3 of Part 2 of Division 4 of Title 2, moneys in the fund may be transferred to the Surplus Money Investment Fund for investment, as long as that transfer does not jeopardize the tax-exempt status of the bonds.(c) Upon direction by the Director of Finance, moneys in the fund shall be transferred to the General Fund.(d) Pursuant to Section 16310, moneys in the fund may be borrowed for daily cashflow use by the General Fund.(Added by Stats. 2006, Ch. 641, Sec. 2. Effective January 1, 2007.)
CA Govt Code § 63049.6 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 8 - Financing of Insurance Claims|Section 63049.6.

63049.6.  For purposes of this article, the following terms have the following meanings, in addition to the definitions contained in Section 63010, unless the context clearly indicates or requires another meaning:(a) “Association” means the California Insurance Guaranty Association created pursuant to Article 14.2 (commencing with Section 1063) of Chapter 1 of Part 2 of Division 1 of the Insurance Code.(b) “Department” means the Department of Insurance.(c) “Fund” means the Insurance Assessment Bond Fund created by Section 1063.72 of the Insurance Code.(Added by Stats. 2003, Ch. 635, Sec. 2. Effective January 1, 2004.)
CA Govt Code § 63049.62 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 8 - Financing of Insurance Claims|Section 63049.62.

63049.62.  Notwithstanding any other provision of this division, a financing of the costs of claims of insolvent insurers upon the request of the association pursuant to Section 1063.73 of the Insurance Code shall be deemed to be in the public interest and eligible for financing by the bank, and Article 3 (commencing with Section 63040), Article 4 (commencing with Section 63042), Article 5 (commencing with Section 63043), Article 6 (commencing with Section 63048), and Article 7 (commencing with Section 63049) shall not apply to the financing provided by the bank to, or at the request of, the association or the department in connection with the fund. Notwithstanding any other provision of this division, the bank shall have no authority over any matter that is subject to the approval of the Insurance Commissioner under Article 14.2 (commencing with Section 1063) of Chapter 1 of Part 2 of Division 1 of the Insurance Code.(Amended by Stats. 2010, Ch. 328, Sec. 94. (SB 1330) Effective January 1, 2011.)
CA Govt Code § 63049.64 (2021)
2021 California Code|Government Code - GOV|TITLE 6.7 - INFRASTRUCTURE FINANCE|DIVISION 1 - THE BERGESON-PEACE INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK ACT|CHAPTER 2 - California Infrastructure and Economic Development Bank|ARTICLE 8 - Financing of Insurance Claims|Section 63049.64.

63049.64.  (a) The bank may issue bonds pursuant to Chapter 5 (commencing with Section 63070) and may loan the proceeds thereof to the association, and deposit the proceeds into a separate account in the fund, or use the proceeds to refund bonds previously issued under this article. Bond proceeds may also be used to fund necessary reserves, capitalized interest, credit enhancement costs, or costs of issuance.(b) Bonds issued under this article shall not be deemed to constitute a debt or liability of the state or of any political subdivision thereof, other than the bank, or a pledge of the faith and credit of the state or of any political subdivision, but shall be payable solely from the fund and other revenues and assets securing the bonds. All bonds issued under this article shall contain on the face of the bonds a statement to that effect.(c) For purposes of this article, the term “project,” as defined in subdivision (p) of Section 63010, shall include financing of the costs of claims of insolvent workers’ compensation insurers, in an amount (together with associated costs of financing) that may be determined by the association in making a request for financing to the bank.(Added by Stats. 2003, Ch. 635, Sec. 2. Effective January 1, 2004.)