Energy: Building Energy Retrofit Revolving Loan Program.

(1) Existing law establishes various grant, loan, and loan guarantee programs that are administered by the State Energy Resources Conservation and Development Commission to provide assistance to private and public entities to maximize energy use savings in existing and planned buildings and facilities. This bill would require the commission to implement the Building Energy Retrofit Revolving Loan Program to provide loans for energy conservation projects retrofitting nonresidential buildings built before July 1, 1978. The bill would create the Building Energy Retrofit Revolving Loan Program Fund in the State Treasury that would be continuously appropriated to the commission for the implementation of the program, thereby making an appropriation. The bill would require that moneys from the federal American Recovery and Reinvestment Act of 2009 that are appropriated to the commission be transferred to the fund as authorized by federal law.