California - SB 242 - 2017

Property Assessed Clean Energy program: program administrator.

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Financing and Financial Incentives

Added On: 07-24-2017
Updated On: 08-23-2017
Status: Passed One Chamber
Primary Sponsor:





Actions (26)

  • 02-06-2017 - Introduced. Read first time. To Com. on RLS. for assignment. To print.
  • 02-07-2017 - From printer. May be acted upon on or after March 9.
  • 02-16-2017 - Referred to Com. on RLS.
  • 03-20-2017 - From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.
  • 03-29-2017 - Re-referred to Coms. on GOV. & F. and RLS.
  • 04-05-2017 - Set for hearing April 19.
  • 04-17-2017 - From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F.
  • 04-25-2017 - From committee: Do pass as amended and re-refer to Com. on RLS. (Ayes 6. Noes 1. Page 744.) (April 19).
  • 04-26-2017 - Read second time and amended. Re-referred to Com. on RLS.
  • 04-27-2017 - Withdrawn from committee.
  • 04-27-2017 - Re-referred to Com. on APPR.
  • 05-04-2017 - Set for hearing May 15.
  • 05-04-2017 - Withdrawn from committee.
  • 05-04-2017 - Ordered to second reading.
  • 05-08-2017 - Read second time. Ordered to third reading.
  • 05-18-2017 - Read third time and amended.
  • 05-18-2017 - Ordered to second reading.
  • 05-18-2017 - Published May 18 at 9 p.m.
  • 05-22-2017 - Read second time. Ordered to third reading.
  • 05-30-2017 - Read third time. Passed. (Ayes 33. Noes 3.) Ordered to the Assembly.
  • 05-31-2017 - In Assembly. Read first time. Held at Desk.
  • 06-22-2017 - Referred to Coms. on L. GOV. and B. & F.
  • 06-22-2017 - From committee with author's amendments. Read second time and amended. Re-referred to Com. on L. GOV.
  • 07-03-2017 - From committee with author's amendments. Read second time and amended. Re-referred to Com. on L. GOV.
  • 07-12-2017 - From committee: Do pass and re-refer to Com. on B. & F. (Ayes 8. Noes 1.) (July 12). Re-referred to Com. on B. & F.
  • 07-13-2017 - From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.

Votes (3)

DateMotion (click for details)ChamberCommitteeYes
Votes
No
Votes
Other
Votes
Passed
04-19-2017Do pass as amended, but first amend, and re-refer to the Committee on [Rules]610yes
05-30-20173rd ReadingSenate3433yes
07-12-2017Do pass and be re-referred to the Committee on [Banking and Finance]810yes

Sponsors (1)

News (3)

With some borrowers struggling with a new kind of home-improvement loan, reforms are on the table - Los Angeles Times
Published by latimes.com
Sun, 04 Jun 2017 12:25:39 GMT

California state Sen. Nancy Skinner (D-Berkeley), another supporter, has authored SB 242, a bill that would write Renovate America's recent change into law by banning companies from revealing to contractors how much financing people were eligible for.

As PACE Financing Grows Up, the Industry Grapples With Lending Standards and Consumer Protections - Greentech Media
Published by greentechmedia.com
Wed, 29 Mar 2017 15:19:02 GMT

California Senator Nancy Skinner has developed a new bill to add more consumer protections for residential PACE programs in the state, GTM has learned. ... A new bill, SB 242, has been drafted by California Senator Nancy Skinner. It adds even more ...

PACE green home-upgrade loans could get bigger legal leash - North Bay Business Journal
Published by northbaybusinessjournal.com
Tue, 18 Apr 2017 14:13:31 GMT

While California has stepped up regulation of a type of financing that allows homeowners to fund energy-saving improvements with an assessment on their properties, the industry now faces new proposed federal legislation that it says could threaten the ...