§ 5133. Use of Carryforward.
4 CA ADC § 5133Barclays Official California Code of RegulationsEffective: May 31, 2023
Effective: May 31, 2023
4 CCR § 5133
§ 5133. Use of Carryforward.
Pursuant to Section 5231, the Committee shall establish a rank-order list of all projects to be allocated during a competitive round. CDLAC shall determine if the issuers for those projects that are scheduled to receive an allocation are in possession of any carryforward allocation not otherwise reserved for a project that has received an allocation but has not issued bonds, and if that condition exists, the Executive Director shall subscribe that carryforward to the projects that are scheduled to be awarded an allocation in the current round pursuant to the priorities set forth by the Committee. The issuer's carryforward shall be applied to all projects recommended for an allocation until exhausted.
Credits
Note: Authority cited: Section 8869.94, Government Code. Reference: Sections 8869.84(c), 8869.84(e), 8869.85(c) and 8869.86(a)(3), Government Code.
History
1. New section filed 5-10-2021 as an emergency; operative 5-10-2021 (Register 2021, No. 20). Emergency expiration extended 60 calendar days pursuant to Executive Order N-40-20 plus an additional 60 calendar days pursuant to Executive Order N-71-20. A Certificate of Compliance must be transmitted to OAL by 3-8-2022 or emergency language will be repealed by operation of law on the following day. For prior history of section 5133, see Register 2013, No. 2.
2. Certificate of Compliance as to 5-10-2021 order, including amendment of section heading and section, transmitted to OAL 4-11-2022 and filed 5-23-2022; amendments operative 5-23-2022 pursuant to Government Code section 11343.4(b)(3) (Register 2022, No. 21).
3. Amendment of section heading and section filed 8-1-2022 as an emergency; operative 8-1-2022 (Register 2022, No. 31). A Certificate of Compliance must be transmitted to OAL by 1-30-2023 or emergency language will be repealed by operation of law on the following day.
4. Amendment of section heading and section refiled 2-9-2023 as an emergency; operative 2-9-2023 (Register 2023, No. 6). A Certificate of Compliance must be transmitted to OAL by 5-10-2023 or emergency language will be repealed by operation of law on the following day.
5. Certificate of Compliance as to 2-9-2023 order, including further amendment of section, transmitted to OAL 4-18-2023 and filed 5-31-2023; amendments effective 5-31-2023 pursuant to Government Code section 11343.4(b)(3) (Register 2023, No. 22).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 4, § 5133, 4 CA ADC § 5133
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