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Sts. & Hy. Code, § 157.2 · Article 3.7. Clean Renewable Energy Bonds for the Department of Transportation

Sts. & Hy. Code, § 157.2

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

(a) The net proceeds of bonds issued under this article shall be deposited in the Clean Renewable Energy Bonds Subaccount, which is hereby established as a special trust fund in the Special Deposit Fund created pursuant to Section 16370 of the Government Code.

(b) On or before July 1, 2015, any remaining moneys in the subaccount shall be transferred to the State Highway Account in the State Transportation Fund.

Notes and commentary — not statutory text

History

Amended by Stats. 2015, Ch. 12, Sec. 10. (AB 95) Effective June 24, 2015.

Source of truth

Edition
As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file
https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=SHC&sectionNum=157.2.
Text hash
sha256 ea37a9f108ae8c8ab37b6656442da34e05b504b38ea14cb30274ef5ba6bb10de
Composed by
compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

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