Statute · California Public Resources Code

Cal. Pub. Res. Code § 14582 — Financial Provisions

Cal. Pub. Res. Code § 14582

Type
Statute
Source
California Public Resources Code
Jurisdiction
California
Date
2004-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The Recycling Infrastructure Loan Guarantee Account is hereby created as a revolving account in the California Beverage Container Recycling Fund, and the funds in that account are continuously appropriated to the department to issue loan guarantees for capital expenditures for new recycling…

Citator

Cal. Pub. Res. Code § 14582 — Financial Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

The Recycling Infrastructure Loan Guarantee Account is hereby created as a revolving account in the California Beverage Container Recycling Fund, and the funds in that account are continuously appropriated to the department to issue loan guarantees for capital expenditures for new recycling infrastructure located in the state. The department may issue a loan guarantee from the account only if the department determines that the new recycling infrastructure adds recycling capacity, results in remanufacturing and reuse of beverage containers into new products, and complies with all applicable laws and regulations.