California Government Code

§ 63049.71

GOV § 63049.71 Effective Sep 19, 2025Div. 1 · Title 6.7 · Ch. 2 · Art. 10.5

Statute text

The following 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)“Accelerator financing plan” means a report by the bank for accelerator projects identified in subdivision (e) of Section 63049.73. The accelerator financing plan shall be based on the bank’s direct consultation with the accelerator.

(b)“California Transmission Accelerator project” or “accelerator project” means any building, structure, equipment, infrastructure, or other improvement within this state, or financing the general needs, including working capital, of any participating party for operations or activities within this state that are consistent with, and intended to, develop transmission projects for the public benefit to further California’s clean energy goals and to reduce or offset ratepayer costs.

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Legislative history

Added by Stats. 2025, Ch. 119, Sec. 15. (SB 254) Effective September 19, 2025.