Secretary of State No.

224

Description

RENEWABLE ENERGY SOURCES FUND. INITIATIVE STATUTE. Establishes fund comprised of public contributions to subsidize projects employing conservation, solar-generated, and solar-related methods as sources of energy, to exist from 1981 until 2005. Specifies priorities for certain types of projects. Requires all state tax forms to contain section for designating contributions of one dollar or more to fund. Requires any monies not disbursed within two years of collection to go into General Fund. Requires Office of Appropriate Technology to administer fund, and to compile annual report of projects subsidized. Fiscal impact: Could increase state revenues and costs by unknown amount. No impact on local governments.

Proponents

James R. Tranquada, 2210 Prosser Ave., Los Angeles, Ca. 90064; Raymon Eustace Thomas, 2400 Alvin Street, Mountain View, Ca.; Sally Ann Syka, 1111 W. Iowa Ave., Sunnyvale, Calif. 94086

Date

12-14-1979

Document Type

Initiative

Qualified

Failed to Qualify

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