CA AB485

Requires local agencies to provide detailed public information before approving economic development subsidies of $100,000 or more for warehouse distribution centers, effective January 1, 2020.

Mandates disclosure of beneficiary names and addresses, subsidy amounts, job creation estimates, wage scales, worker benefits, outreach plans, state and federal subsidies, and accountability measures like clawbacks.

Requires local agencies to conduct public hearings and issue annual reports during the subsidy term, with reports submitted to the Governor's Office of Business and Economic Development and posted on websites.

Prohibits local agencies from signing nondisclosure agreements regarding warehouse distribution centers as part of subsidy negotiations or contracts.

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