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CA AB35
Bill
Status
6/1/2011
Primary Sponsor
Jose Solorio
Click for details
AI Summary
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Authorizes the Board of Directors of the Orange County Fair to enter into a revenue sharing plan with the state regarding District 32a property and related assets if the plan generates over $100,000,000 for the state over a period not exceeding 40 years.
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Permits the Orange County Fair board or its agent to negotiate revenue sharing agreements covering real property of District 32a, personal property owned by the 32nd District Agricultural Association, and the association's right to operate the Orange County Fair.
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Requires the Director of General Services to submit the complete agreement terms to the Joint Legislative Budget Committee at least 30 days before entering into any revenue sharing plan.
Legislative Description
State property: 32nd District Agricultural Association.
Last Action
In committee: Set, first hearing. Hearing canceled at the request of author.
6/30/2011