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Richardson’s bill would codify 'Go Green' financing program and create expansion fund
California State Senate Committee on Energy, Utilities and Communications · April 7, 2026
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Summary
SB 1265 would put the Go Green financing program into statute and create an expansion fund so the Treasurer’s office can secure funding beyond IOU territories to reach rural and underserved communities.
Sen. Richardson presented SB 1265 to codify the California Alternative Energy and Advanced Transportation Financing Authority’s Go Green financing program in statute and create an expansion fund to allow the program to seek new funding sources beyond investor‑owned utility (IOU)…
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