Rob Bonta
- Democratic
Author
Existing law requires, from February 1, 2012, to July 1, 2012, inclusive, and for each fiscal year thereafter, the county auditor-controller in each county to allocate property tax revenues in the county's Redevelopment Property Tax Trust Fund, established to receive revenues equivalent to those that would have been allocated to former redevelopment agencies had those agencies not been dissolved, towards the payment of enforceable obligations and among entities that include, among others, a city, county, or city and county. This bill would authorize a city or county to reject its allocations of property tax revenues that it would otherwise receive pursuant to specified statutory provisions governing the dissolution of redevelopment agencies. The bill would except from this authorization a city, county, or city and county that became the successor agency to the redevelopment agency and did not receive a finding of completion from the Department of Finance, as specified, and any designated local authority of a redevelopment agency, formed as specified, that did not receive the finding of completion from the Department of Finance. The bill would direct those rejected distributions of property tax revenues to an affordable housing special beneficiary district, established as a temporary and distinct local governmental entity for the express purposes of receiving rejected distributions of property tax revenues and providing financing assistance to promote affordable housing within its boundaries. The bill would require a beneficiary district to be governed by a 5-member board and comply with specified open meeting and public record laws. The bill would automatically require a beneficiary district to cease to exist on a specifically calculated date and prohibit a beneficiary district from undertaking any obligation that requires its action past that date. The bill would transfer any funds and public records of a beneficiary district remaining after the date the beneficiary district ceases to exist to the city or county that rejected its distributions of property tax revenues that were thereafter directed to that beneficiary district, as specified.
Approved by the Governor.
Chaptered by Secretary of State - Chapter 453, Statutes of 2016.
Enrolled and presented to the Governor at 12 p.m.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 53. Noes 26. Page 6376.).
In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 26 pursuant to Assembly Rule 77.
Read third time. Passed. Ordered to the Assembly. (Ayes 27. Noes 12. Page 5275.).
Read second time. Ordered to third reading.
Read third time and amended. Ordered to second reading.
Read second time and amended. Ordered to third reading.
From committee: Amend, and do pass as amended. (Ayes 4. Noes 2.) (June 29).
From committee: Do pass and re-refer to Com. on GOV. & F. (Ayes 8. Noes 3.) (June 14). Re-referred to Com. on GOV. & F.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 51. Noes 27. Page 4778.)
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 7. Noes 1.) (May 4).
From committee: Do pass and re-refer to Com. on L. GOV. (Ayes 5. Noes 2.) (April 27). Re-referred to Com. on L. GOV.
Assembly Rule 56 suspended. (Page 4448.)
(pending re-refer to Com. on L. GOV.)
From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended.
Referred to Coms. on H. & C.D. and L. GOV.
From printer. May be heard in committee March 18.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB2031 | HTML |
| 02/16/16 - Introduced | |
| 03/17/16 - Amended Assembly | |
| 08/02/16 - Amended Senate | |
| 08/19/16 - Amended Senate | |
| 08/31/16 - Enrolled | |
| 09/22/16 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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