CA SB5

Excludes property taxes levied on agricultural land enrolled in Williamson Act contracts or farmland security zone contracts from being allocated to enhanced infrastructure financing districts (EIFDs) and Community Revitalization and Investment Authorities (CRIAs)

Protects agricultural land tax revenues from diversion to local financing districts until the land is either removed from conservation contracts or rezoned for residential, commercial, industrial, or other non-agricultural uses

Allows local agencies to choose whether the exclusion ends upon contract cancellation/nonrenewal or upon rezoning of the parcel, with the change taking effect on the next equalized assessment roll

Contains a contingency provision coordinating amendments with SB 516 regarding EIFDs, with Section 1.5 becoming operative only if both bills pass and SB 5 is enacted last

Introduced by Senator Cabaldon on December 2, 2024, and enrolled on September 12, 2025