CA AB1001

Establishes the School Disaster Resiliency Act to provide low-interest loans to school districts, county offices of education, and charter schools for disaster resilience projects including clean energy generation and battery storage systems.

Authorizes the California School Finance Authority to issue up to $1,000,000,000 in revenue bonds (limited to $350,000,000 per fiscal year) with proceeds deposited into the newly created School Disaster Resiliency Fund, continuously appropriated to the Energy Commission.

Requires the Energy Commission to administer the loan program and allocate funding based on a priority order starting with community schools, then projects in priority development communities in high fire threat districts or experiencing public safety power shutoff events.

Allows the state to provide hardship assistance covering up to 30 percent of loan principal and interest payments for eligible local educational agencies including those with low per-pupil assessed valuations, small enrollment, or high percentages of unduplicated pupils.

Requires the California School Finance Authority to adopt uniform regulations in consultation with the Energy Commission establishing loan terms, conditions, and application procedures, with authority to use emergency rulemaking procedures.