California Water Code

§ 80830

WAT § 80830 Effective Oct 7, 2023Div. 29.5 · Ch. 4

Statute text

(a)There is hereby established in the State Treasury the Eligible Energy Resource Central Procurement Fund. Notwithstanding Section 13340 of the Government Code, all moneys in the fund are continuously appropriated, without regard to fiscal year, to the department for purposes of this division.

(b)All revenues payable to the department pursuant to this division, including proceeds of bonds issued pursuant to Chapter 5 (commencing with Section 80840), shall be deposited into the fund. Notwithstanding any other law, interest accruing on the moneys in the fund shall be deposited into the fund and shall be used for purposes of this division.

(c)The fund, and the moneys in the fund, are separate and distinct from any other fund and moneys administered by the department.

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Legislative history

Added by Stats. 2023, Ch. 367, Sec. 15. (AB 1373) Effective October 7, 2023.