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CA AB2107

Bill

Status

Passed

9/28/2020

Primary Sponsor

Adam Gray

Click for details

Origin

State Assembly

2019-2020 Session

AI Summary

  • Extends authorization for special districts to issue securitized limited obligation notes from December 31, 2019 to December 31, 2024
  • Securitized limited obligation notes can be used for acquisition or improvement of land, facilities, or equipment
  • Authorization will expire on December 31, 2024 unless a later statute extends or deletes this date before that deadline
  • Approved by Governor on September 28, 2020

Legislative Description

Local government: securitized limited obligation notes.

Last Action

Chaptered by Secretary of State - Chapter 213, Statutes of 2020.

9/28/2020

Committee Referrals

Governance and Finance6/23/2020
Rules5/27/2020
Local Government2/20/2020

Full Bill Text

No bill text available