SB 851 Summary

• Renames the Sixth District Agricultural Association as "Exposition Park" and establishes it as a separate entity managing state properties in Los Angeles, with the California Science Center operating within its jurisdiction.

• Authorizes the California Science Center to enter into agreements with the California Science Center Foundation for Phase III Project development, including a site lease and 30-year lease-purchase agreement with annual state payments of $2,430,000.

• Transfers welfare exemption, veterans' organization exemption, and Tax-Rate Area System administration from the California Department of Tax and Fee Administration back to the State Board of Equalization.

• Establishes the California Small Business Development Technical Assistance Expansion Program (effective until January 1, 2024) to provide grants to federal small business technical assistance centers serving California entrepreneurs.

• Makes numerous technical amendments regarding Department of Finance audit authority, cannabis licensing procedures, housing loan programs, retirement savings program naming, and procurement procedures for information technology and environmental standards in construction.