CA AB2551

Authorizes cities that have created a renewable energy infrastructure area to establish infrastructure financing districts for promoting renewable energy projects without voter approval.

Defines a renewable energy infrastructure area as containing proposed development projects generating more than 50 megawatts of electricity from eligible renewable energy resources with executed power purchase agreements for commercial production.

Restricts districts created under this section to use tax increment revenue only within district boundaries and exclusively for renewable energy infrastructure or upgrades.

Exempts infrastructure financing districts created under this section from the standard two-thirds voter approval requirement, while maintaining all other provisions related to elections, public notice, bonds, and appropriations limits.

Prohibits use of property tax increment to pay for, subsidize, or make affordable any project approval conditions or mitigation requirements imposed on private renewable energy developers.