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CA AB2173

Bill

Official Source

Status

Introduced

2/11/2020

Primary Sponsor

Megan Dahle

Click for details

Origin

State Assembly

2019-2020 Session

AI Summary

  • Authorizes fairs in the California Fairs network to defer repayment of loans from the Fair and Exposition Fund until July 1, 2021.

  • Specifies that interest shall not accrue on loans during the deferral period elected by a fair.

  • Declares the act an urgency statute to take effect immediately to provide COVID-19 pandemic relief to fairs experiencing financial hardship.

Legislative Description

Department of Food and Agriculture: Fair and Exposition Fund: loans to fairs: deferral of loan repayment.

Last Action

In committee: Hearing postponed by committee.

5/5/2020

Committee Referrals

Agriculture3/12/2020

Full Bill Text

No bill text available