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CA AB2308
Bill
Status
Introduced
2/19/2026
Primary Sponsor
Matt Haney
Click for details
AI Summary
- Expands the authority of San Francisco's redevelopment successor agency to extend the time period for pledges of gross sales proceeds and net tax increments related to the Transbay Implementation Agreement
- Allows the successor agency to enter into arrangements with the Transbay Joint Powers Authority and the City and County of San Francisco for financing infrastructure required by the Transbay Implementation Agreement
- Maintains existing authority for the successor agency to issue bonds or incur debt to finance affordable housing and infrastructure under various development agreements, including Mission Bay, Hunters Point Shipyard, and Candlestick Point projects
- Applies specifically to San Francisco due to the unique transportation and development needs of the city and the Transbay Project's role in enhancing downtown property values
- Requires no state appropriation and has no fiscal committee or local program implications
Legislative Description
Redevelopment: successor agency debt: City and County of San Francisco.
Last Action
Referred to Coms. on L. GOV. and H. & C.D.
3/9/2026
Committee Referrals
Local Government3/9/2026
Full Bill Text
No bill text available