SB 1056

  • California Senate Bill
  • 2011-2012 Regular Session
  • Introduced in Senate Feb 09, 2012
  • Senate
  • Assembly
  • Governor

Redevelopment: enforceable obligations.

Abstract

Existing law suspends various redevelopment agency activities and dissolves redevelopment agencies as of February 1, 2012. Existing law designates successor agencies to act as successor entities to the dissolved redevelopment agencies and requires successor agencies to, among other things, continue to make payments due for enforceable obligations, as defined. This bill would add financial obligations relating to a project funded with a combination of property tax increment from the former redevelopment agency and a Federal Qualified School Construction Bond issued prior to January 1, 2012, to the definition of the term "enforceable obligation." This bill would declare that it is to take effect immediately as an urgency statute.

Bill Sponsors (1)

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Actions


Apr 16, 2012

Senate

Set, first hearing. Hearing canceled at the request of author.

Mar 23, 2012

Senate

Set for hearing April 18.

Mar 22, 2012

Senate

Set for hearing March 28.

Senate

Hearing postponed by committee.

Mar 21, 2012

Senate

Hearing postponed by committee.

Mar 06, 2012

Senate

Set for hearing March 21.

Mar 01, 2012

Senate

Referred to Com. on GOV. & F.

  • Referral-Committee
Com. on GOV. & F.

Feb 10, 2012

Senate

From printer. May be acted upon on or after March 11.

Feb 09, 2012

Senate

Introduced. Read first time. To Com. on RLS. for assignment. To print.

Bill Text

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SB1056 HTML
02/09/12 - Introduced PDF

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