CA AB2843

Requires cities, counties, and city-counties to collect an additional annual fee from businesses applying for local business licenses based on employee count: $75 per employee for businesses with 200-999 employees, and $150 per employee for businesses with 1,000+ employees, with businesses under 50 employees exempt.

Mandates local entities establish an "Affordable Housing Assistance Fund" to deposit collected fees for use in first-time homebuyer programs, emergency housing vouchers for individuals experiencing homelessness, affordable housing development projects, and rental assistance.

Applies to all cities including charter cities, establishing this requirement as a matter of statewide concern rather than a municipal affair.

Requires the state to reimburse local agencies for any costs mandated by this act if determined necessary by the Commission on State Mandates.

Requires a 2/3 vote in each legislative house for passage due to resulting in higher taxes under California Constitution Article XIII A, Section 3.