Energy.

Existing law authorizes the State Energy Resources Conservation and Development Commission to administer funds appropriated by the federal American Recovery and Reinvestment Act of 2009 (federal act) for the Energy Efficiency and Conservation Block Grant Program. Existing law establishes the Energy Efficient State Property Revolving Fund (fund) and continuously appropriates the moneys in the fund to the Department of General Services for loans for projects on state-owned buildings and facilities to achieve greater, long-term energy efficiency, energy conservation, and energy cost and use avoidance. This bill would, for the 2011–12 and 2012–13 fiscal years, authorize the commission to transfer an amount of money as the commission determines to be appropriate, up to a maximum of $50,000,000, from the moneys received from the federal act into the fund. By requiring the transfer of moneys into a continuously appropriated fund, this bill would make an appropriation. The bill would require the commission to provide written notice to the Controller on the amount and the timing of the transfer. The bill would require the commission to notify, in writing, the Joint Legislative Budget Committee.