Section 26400.

26400. There is in the State Treasury the Energy and Resources Fund, which fund is hereby created. (Added by Stats. 1980, Ch. 899, Sec. 8. Effective September 17, 1980.)

Section 26401.

26401. (a) Within the Energy and Resources Fund there is hereby created the Energy Account and the Resources Account. The annual budget document shall propose and the annual Budget Bill shall allocate and divide the money in the fund between such accounts. (b) It is the intent of the Legislature that funds from the Energy and Resources […]

Section 26403.

26403. Programs and projects eligible for funding from the Resources Account shall be limited to any of the following: (1) Appropriations to the State Coastal Conservancy for grants to public and private agencies for the restoration of urban waterfronts, as described in “An Urban Waterfronts Program for California” required by Chapter 1040 of the Statutes of […]

Section 26404.

26404. The provisions of Sections 26401 to 26403, inclusive, shall not apply to appropriations and expenditures from the Energy and Resources Fund for fiscal year 1980–81. Such provisions shall apply beginning with fiscal year 1981–82 and for each fiscal year thereafter. (Added by Stats. 1980, Ch. 899, Sec. 8. Effective September 17, 1980.)

Section 26406.

26406. The Director of Finance shall cause all moneys in the Energy and Resources Fund which are in excess of current requirements to be invested and reinvested from time to time in securities described in Section 16430 of the Government Code, and such securities may be sold or exchanged if in his opinion such sale […]