1. (a) Requests for Supplemental Allocations may be submitted throughout the year. Except as provided in subdivision (b), staff shall review each request for Supplemental Allocation and make a recommendation to the Committee regarding any possible award of additional Allocation. Awards of Supplemental Allocations pursuant to this subdivision shall be memorialized in a Committee Resolution. All applicable requirements imposed on the associated initial project Allocation, including, but not limited to, the expiration of Allocation, Bond issuance deadlines, extensions, transfers of Allocation, carryforward elections and reporting shall be equally applicable to Supplemental Allocations.

2. (b) The Committee may delegate authority to the Executive Director to award Supplemental Allocation to projects awarded an allocation subject to the limit set in Section 5108(a) and that issued Bonds prior to January 1, 2026, where the total delegated supplemental requests are both of the following:

   1. (1) No more than 10% of the project's Committee approved allocation; and
   2. (2) No more than 52% of the aggregate depreciable basis plus land basis.
3. (c) For projects awarded Supplemental Allocation where the original allocation was awarded in Round 2 of 2022 or later, the Project Sponsor will be subject to reduction in its tiebreaker calculation determined by the Committee for a period of one round following the award of Supplemental Allocation.
4. (d) A non-refundable $600 filing fee for supplemental awards must accompany each Application to cover the Committee's review costs.
5. (e) Projects awarded a Supplemental Allocation for which no Bonds were issued from the original award, or any prior Supplemental Allocation, shall have the expiration date of the original allocation.

Note: Authority cited: Section 8869.94, Government Code. Reference: Sections 8869.84(c), 8869.85(a), 8869.85(b) and 8869.90, Government Code.

History

1. Renumbering of section 5240 to section 5109, including amendment of subsection (b), new subsections (d)-(e) and amendment of Note, filed 2-4-2026; operative upon adoption by the California Debt Limit Allocation Committee on 12-10-2025 pursuant to Government Code section 8869.94(c). Submitted to OAL for filing and printing only pursuant to Government Code section 11343.8 (Register 2026, No. 6).