Section 26054.
Cal. Public Resources Code - PRC § 26054.
in effect“Property Assessed Clean Energy bond” or “PACE bond” means a bond that is secured by any of the following:
(a)
A voluntary contractual assessment on property authorized pursuant to paragraph (2) of subdivision (a) of Section 5898.20 of the Streets and Highways Code.
(b)
A voluntary contractual assessment or a voluntary special tax on property to finance the installation of distributed generation renewable energy sources, electric vehicle charging infrastructure, or energy or water efficiency improvements that is
levied pursuant to a chartered city’s constitutional authority under Section 5 of Article XI of the California Constitution.
(c)
A special tax on property authorized pursuant to subdivision (b) of Section 53328.1 of the Government Code.
References
referencesCal. Streets and Highways Code - SHC § 5898.20.
referencesCal. Government Code - GOV § 53328.1.
referencesCal. Public Resources Code - PRC § 5.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026