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CA SB780

Bill

Status

Passed

9/28/2021

Primary Sponsor

Dave Cortese

Click for details

Origin

Senate

2021-2022 Session

AI Summary

  • Authorizes legislative bodies of enhanced infrastructure financing districts to appoint alternate members to the public financing authority who may serve and vote when members are absent or disqualify themselves from meetings.

  • Allows districts with more than 3 participating taxing entities to appoint only one member and one alternate member from each taxing entity's legislative body, in addition to public members, upon mutual agreement.

  • Permits legislative bodies to identify project areas within districts with separate and unique time limits (not exceeding 45 years) for tax allocation and debt repayment in each project area.

  • Lowers the threshold for community revitalization and investment areas from 80% to 70% of land meeting specified conditions, and adds eligibility for areas with housing development sites consistent with sustainable communities strategies.

  • Changes protest proceedings for community revitalization authorities from every 10 years to every 15 years and allows property owners and residents to propose plan amendments during these hearings.

Legislative Description

Local finance: public investment authorities.

Last Action

Chaptered by Secretary of State. Chapter 391, Statutes of 2021.

9/28/2021

Committee Referrals

Housing and Community Development6/10/2021
Local Government5/20/2021
Housing4/12/2021
Governance and Finance3/3/2021
Rules2/19/2021

Full Bill Text

No bill text available