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CA SB807
Bill
AI Summary
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Authorizes Reclamation District No. 108 to construct, maintain, and operate hydroelectric power plants, transmission lines, and related facilities for generating and distributing electricity.
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Allows financing of plant and transmission line construction through time warrants, with repayment funded solely from hydroelectric operation revenues if the board approves by resolution.
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Permits the district to lease facilities or sell generated power only to public utilities or public agencies, not directly to individual customers.
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Requires electricity sale proceeds to be used to retire time warrants and for other district purposes.
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Extends Reclamation District No. 108's hydroelectric power authority indefinitely by removing the January 1, 2021 expiration date.
Legislative Description
Reclamation District No. 108: hydroelectric power.
Last Action
Referral to Com. on E., U. & C. rescinded due to the shortened 2020 Legislative Calendar.
5/12/2020