GroundRules
PRC § 26054
Where this section sits in the code
- Public Resources Code - PRC
- DIVISION 16. CALIFORNIA ALTERNATIVE ENERGY AND ADVANCED TRANSPORTATION FINANCING AUTHORITY ACT [26000. - 26082.]
- CHAPTER 4. Property Assessed Clean Energy (PACE) and Clean Energy Financing Program [26050. - 26082.]
- ARTICLE 1. General Provisions and Definitions [26050. - 26056.]
“Property Assessed Clean Energy bond” or “PACE bond” means a bond that is secured by any of the following:
(a) A voluntary contractual assessment on property authorized pursuant to paragraph (2) of subdivision (a) of Section 5898.20 of the Streets and Highways Code.
(b) A voluntary contractual assessment or a voluntary special tax on property to finance the installation of distributed generation renewable energy sources, electric vehicle charging infrastructure, or energy or water efficiency improvements that is levied pursuant to a chartered city’s constitutional authority under Section 5 of Article XI of the California Constitution.
(c) A special tax on property authorized pursuant to subdivision (b) of Section 53328.1 of the Government Code.
Collected 2026-09-14T05:56:33Z. Source file · JSON