Statute · California Public Resources Code
Cal. Pub. Res. Code § 25630 — Small Business Energy Technology Loan Program
Cal. Pub. Res. Code § 25630
- Type
- Statute
- Source
- California Public Resources Code
- Jurisdiction
- California
- Date
- 2004-08-16
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(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.
Citator
Cal. Pub. Res. Code § 25630 — Small Business Energy Technology Loan Program is in force in the current edition of the Code, and nothing recorded condemns it.
(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.