{"data":{"id":"us-ca/prc-26054","jurisdiction":"us-ca","citation":"PRC § 26054","heading":"","body":"“Property Assessed Clean Energy bond” or “PACE bond” means a bond that is secured by any of the following:\n(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.\n(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.\n(c) A special tax on property authorized pursuant to subdivision (b) of Section 53328.1 of the Government Code.","path":["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.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"c7fb685a34965cfd3f660bae0d6cfd9750cc09b85d24e68bfd5d0d82e6903a1a","source_id":"us-ca","stale":false,"prev":"us-ca/prc-26053","next":"us-ca/prc-26055"},"notice":"GroundRules: Original legal text. Not legal advice."}