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Gov. Schwarzenegger Applauds Final Loans for Clean Energy Business Financing Program

September 16, 2010 - (RealEstateRama) -- Governor Arnold Schwarzenegger today issued the following statement after the California Energy Commission approved the final four loans, totaling more than $13.4 million, for the state’s Clean Energy Business Financing Program (CEBFP) for California-based manufacturers of solar products. These four low interest loans awarded to Morgan Solar, Inc; Solar Power, Inc; Quantum Fuel Systems Technologies Worldwide, Inc. and the Solaria Corporation complete the state's CEBFP. Using American Recovery and Reinvestment Act (Recovery Act) funds, this program has provided a total of almost $29 million in federal stimulus money to eligible businesses and has retained or created about 1,588 clean energy manufacturing jobs in California

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Friedman Bill Would Tax Large Asset-Backed Loans at 23.8%, Exempting Mortgages...

Rep. Laura Friedman (D-CA) has introduced the Pay Your Taxes Avoided by Borrowing (TAB) Act, which would impose a 23.8% excise tax, paid by the borrower…

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