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DIVISION 14.5. Blue Ribbon Committee for the Rehabilitation of Clear Lake 22085-22092›CHAPTER 3. General Fund Revenue Loss 26042-26042.4›ARTICLE 4. Appropriation and Reporting 26080-26082

§ 26080

California Public Resources Code · 2026-09 edition · updated 2026-09-27 · California

(a) Until January 1, 2015, an amount of up to fifty million dollars ($50,000,000) from the Renewable Resource Trust Fund, established pursuant to Section 25751, is hereby appropriated to the authority for the purposes of this chapter. The moneys appropriated shall remain in the Renewable Resource Trust Fund until the funds are needed by the authority pursuant to this chapter.

(b) Of the moneys appropriated in subdivision (a), up to five hundred fifty thousand dollars ($550,000) may be expended by the authority for the initial administrative costs in implementing this chapter.

(c) All repayments of moneys disbursed pursuant to this chapter shall be deposited into the Renewable Resource Trust Fund.

(Added by Stats. 2012, Ch. 677, Sec. 33. (SB 1128) Effective January 1, 2013.)

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