Approved Applicant Procedures
Introduction
In order to maintain compliance with the STE Program regulations and an Applicant’s Regulatory Agreement, approved Applicants must submit a semi-annual report. Each semi-annual report should include information about the Qualified Property purchased using the sales and use tax exclusion. The semi-annual report consists of two parts: the Semi-Annual Report Certification and the Exhibit A.
The semi-annual report covering the first two calendar quarters of the year must be submitted to the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) on or before July 31; the semi-annual report covering the last two calendar quarters of the year must be submitted to CAEATFA on or before January 31 of the immediately following calendar year.
Documents
Semi-Annual Report
- Semi-Annual Report Certification (or Final Semi-Annual Report Certification found on this STE webpage)
- Semi-Annual Report Exhibit A found on this STE webpage
Procedures
- Complete the Exhibit A to the semi-annual report, ensuring all Qualified Property purchased during the reporting period is included and that all requested information is provided.
- Email the completed Exhibit A spreadsheet in Excel format to your assigned CAEATFA analyst and to the main STE email: steprogram@treasurer.ca.gov.
- Once the CAEATFA analyst reviews the Exhibit A, they will prepare the Semi-Annual Report Certification for your review and signature.
- If no Qualified Property was purchased during the reporting period, let your assigned CAEATFA analyst know, and they will prepare the Semi-Annual Report Certification for your review and signature indicating no purchases were made during the reporting period.
- If this will be your final semi-annual report (e.g., you no longer plan on making purchases), please be sure to let your assigned CAEATFA analyst know this, as well.
- Once the Administrative Fee amount due is determined, submit an electronic payment (ACH or wire transfer) or check made out to “CAEATFA” in the appropriate amount to the attention of your assigned CAEATFA analyst at the address below. If submitting an electronic payment, your assigned analyst will provide the bank information. The amount of the Administrative Fee due during each period shall be .002 (two tenths of one percent) of the Qualified Property amount purchased until the total Administrative Fee has been paid.
CAEATFA
915 Capitol Mall, Room 532
Sacramento, CA 95814
Contacts
Willy Chen, STE Program Analyst
(916) 651-3763