CA SB1067

Requires refunding bonds used to refund pension obligation bonds issued on or after January 1, 2021, with maturity dates more than 36 months after issuance to be approved by 55 percent of voters, rather than allowing issuance without voter approval.

Mandates that resolutions for issuing refunding bonds for specified pension obligations be posted on the legislative body's internet website for 30 consecutive days prior to bond issuance.

Prohibits resolutions providing for the issuance of refunding bonds from being placed on the consent calendar of a public hearing.

Applies the 30-day public posting and voter approval requirements only to bonds issued on or after January 1, 2021, for refunding pension obligations with final maturity dates exceeding 36 months from issuance.

Makes legislative findings that the transparency requirements further California's constitutional provisions regarding public access to local government meetings and records.