2099
. (a) For purposes of this section, the following terms have
the following meanings:
(1) "Eligible project" means a solar thermal powerplant,
photovoltaic powerplant, wind powerplant, or geothermal powerplant
meeting the requirements of paragraph (1) or (2) of subdivision (b)
of Section 2069 or meeting the definition of a "covered activity" in
the final Desert Renewable Energy Conservation Plan, as approved by
the department.
(2) "Energy Commission" means the State Energy Resources
Conservation and Development Commission.
(b) (1) The Renewable Energy Resources Development Fee Trust Fund
is hereby established in the State Treasury. The department shall
collect a fee from the owner or developer of an eligible project that
elects to use mitigation actions developed and approved by the
department pursuant to Section 2069, and all moneys received for
purposes of mitigation actions pursuant to Section 2069 shall be
deposited in the fund and shall be held in trust and be expended
solely for the purposes of, and in conformity with, that section,
applicable permit or certification requirements for eligible
projects, and any contractual agreement between the Energy Commission
or department and the owner or developer of an eligible project. The
department may contract with, or award grants to, third parties to
implement mitigation actions in conformity with Section 2069 and this
section.
(2) Upon direction by the department, the Controller shall create
any accounts or subaccounts within the fund that the department
determines are necessary or convenient to facilitate management of
the fund.
(3) The fund shall serve, and be managed, as an optional,
voluntary method for developers or owners of eligible projects to
deposit fees to complete mitigation actions meeting the conditions of
subdivision (c) of Section 2069 and for the purpose of meeting the
requirements of this chapter or the requirements of Chapter 6
(commencing with Section 25500) of Division 15 of the Public
Resources Code by funding mitigation actions implemented by the
department or third parties in a contractual relationship with the
department. Notwithstanding Section 13340 of the Government Code, the
money in the fund is hereby continuously appropriated to the
department, without regard to fiscal years, for the purposes
enumerated in this section and Section 2069. An expenditure shall not
be made from the fund except as authorized by the department.
(4) The sum of ten million dollars ($10,000,000) previously
transferred, as a loan, from the Renewable Resource Trust Fund to the
fund shall be repaid from the fund to the Renewable Resource Trust
Fund no later than December 31, 2013. The department shall use these
funds, pursuant to paragraph (1) of subdivision (c) of Section 2069,
to purchase mitigation lands or conservation easements, and to cover
related restoration, monitoring, and transaction costs incurred in
advance of the receipt of fees pursuant to paragraph (5) and to cover
the department's administrative costs for the program.
(5) A developer or owner of an eligible project that elects to use
mitigation actions developed and authorized by the department
pursuant to Section 2069 shall remit fees to the department for
deposit into the fund for those mitigation actions in an amount that
reflects the determination by the Energy Commission, with respect to
a solar thermal or geothermal powerplant subject to its jurisdiction,
or the department, with respect to a renewable energy powerplant not
subject to the Energy Commission's jurisdiction, of the costs
attributable to the mitigation actions that meet the standards of
this chapter. The amount of fees to be paid by a developer or owner
of an eligible project to meet the standards of this chapter shall be
calculated on a per acre basis, using total cost accounting, and
shall include, as applicable, land acquisition or conservation
easement costs, monitoring costs, restoration costs, transaction
costs, the amount of a perpetual endowment account for land
management or easement stewardship costs by the department or other
management entity, and administrative costs and funds sufficient to
repay any expenditure of state funds made pursuant to paragraph (4).
To ensure the funds deposited pursuant to this section are sufficient
to meet the standards of this chapter, the project developer or
owner, in addition to payment of those funds, shall provide security,
in a form and amount, not to exceed 5 percent of the amount of the
funds, excluding any portion of the funds to be used for a perpetual
endowment, to be determined by the Energy Commission, with respect to
a solar thermal or geothermal powerplant subject to its
jurisdiction, or to be determined by the department, with respect to
a renewable energy powerplant not subject to the Energy Commission's
jurisdiction.
(c) The department shall monitor the implementation of the
mitigation actions and the progress of the construction of the
eligible projects. The department shall report all deposits, and the
source of those deposits, on its Internet Web site. The department
shall also report all expenditures from the fund on its Internet Web
site and identify the mitigation activities or programs that each
expenditure funded and its relationship to the permitted project. The
Energy Commission, with respect to a solar thermal or geothermal
powerplant subject to its jurisdiction, and the department, with
respect to a renewable energy powerplant not subject to the Energy
Commission's jurisdiction, shall ensure that moneys paid pursuant to
this section are used only for purposes of satisfying the standards
of paragraph (2) of subdivision (b) of Section 2081. Where moneys are
used to fund mitigation actions, including the acquisition of lands
or conservation easements, or the restoration of lands, that use
shall be in addition to, and not duplicative of, mitigation obtained
through any other means.
(d) The department and the Energy Commission shall not allow any
use of the interim mitigation strategy subsequent to a determination
by the department that the time and extent of mitigation actions are
not being implemented in rough proportion to the impacts of those
projects. The department shall reinstitute the use of the interim
mitigation strategy when the department determines the rough
proportionality between mitigation actions and impacts of eligible
projects has been reestablished by the completion of additional
mitigation actions.