CA AB1445

Requires cities and counties to mandate that qualified opportunity zone funds provide a timeline for completion of investment activity when purchasing or leasing city/county property within a designated qualified opportunity zone.

Requires qualified opportunity zone funds to submit an estimation of jobs to be created and a summary of local workforce utilization strategies as part of any property sale or lease transaction.

Prohibits cities and counties from selling or leasing property to a qualified opportunity zone fund unless the fund has submitted all required information including timelines, job estimates, and workforce strategies.

Mandates that cities and counties post the required information on their Internet websites.

Applies to property located within federally designated qualified opportunity zones that will be used as qualified opportunity zone business property.