Phil Ting
- Democratic
- Assemblymember
- District 19
Author
Existing law authorizes the legislative body of a city or a county to establish an enhanced infrastructure financing district, with a governing body referred to as a public financing authority, to finance public capital facilities or other specified projects of communitywide significance. Existing law requires a public financing authority to adopt an infrastructure financing plan and hold a public hearing on the plan, as specified. Existing law authorizes the public financing authority to issue bonds for these purposes upon approval by 55% of the voters voting on a proposal to issue the bonds. Existing law requires the proposal submitted to the voters by the public financing authority and the resolution for the issuance of bonds following approval by the voters to include specified information regarding the bond issuance. This bill would instead authorize the public financing authority to issue bonds for these purposes without submitting a proposal to the voters.The bill would require the resolution to issue bonds to contain specified information related to the issuance of the bonds. The bill would also require the public financing authority to hold 3 public hearings on an enhanced infrastructure financing plan, as specified. The bill would also make conforming changes.
Approved by the Governor.
Chaptered by Secretary of State - Chapter 656, Statutes of 2019.
Enrolled and presented to the Governor at 3:30 p.m.
Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 44. Noes 28. Page 3558.).
From committee: That the Senate amendments be concurred in. (Ayes 5. Noes 3.) (September 13).
Joint Rule 62(a), file notice suspended. (Page 3542.)
Re-referred to Com. on L. GOV. pursuant to Assembly Rule 77.2.
Read second time. Ordered to third reading.
In Assembly. Concurrence in Senate amendments pending.
Read third time. Passed. Ordered to the Assembly. (Ayes 29. Noes 11. Page 2827.).
Senate Rule 29 suspended. (Ayes 29. Noes 9. Page 2826.)
From committee: Do pass. (Ayes 12. Noes 4.) (September 10).
Senate Rule 29.3(b) suspended. (Ayes 29. Noes 7. Page 2690.)
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on B. & F.R.
In committee: Hearing postponed by committee.
In committee: Hearing postponed by committee.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 54. Noes 13. Page 1185.)
Read second time. Ordered to third reading.
Assembly Rule 96 suspended. (Ayes 53. Noes 15. Page 1032.)
Ordered to second reading.
Withdrawn from committee.
From printer. May be heard in committee January 3.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB116 | HTML |
| 12/03/18 - Introduced | |
| 09/06/19 - Amended Senate | |
| 09/18/19 - Enrolled | |
| 10/09/19 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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