Scott Wiener
- Democratic
- Senator
- District 11
Author
Existing law dissolved redevelopment agencies and community development agencies as of February 1, 2012, and provides for the designation of successor agencies to, among other things, wind down the affairs of the dissolved redevelopment agencies and make payments due for enforceable obligations. Existing law, among other powers granted to successor agencies generally, additionally vests the successor agency to the former Redevelopment Agency of the City and County of San Francisco with the authority, rights, and powers of that former redevelopment agency solely for the purpose of issuing bonds or incurring other indebtedness, subject to the approval of the oversight board of the successor agency, to finance the construction of affordable housing and infrastructure required by specified development agreements. Under existing law, these bonds and indebtedness are considered indebtedness incurred by the dissolved redevelopment agency secured by moneys deposited in the Redevelopment Property Tax Trust Fund established for that agency. This bill would expand this authority to include bonds issued and other indebtedness incurred to finance the development, construction, repair, renovation, or reconstruction of affordable housing units that are or remain affordable to, and occupied by, persons and families of low-, moderate-, extremely low, and very low income households for at least 55 years for rental units and 45 years for owner-occupied units, subject to specified conditions and authorizations. The bill would specify the security requirements for the bonds issued or other indebtedness incurred to finance the development, construction, repair, renovation, or reconstruction of affordable housing units. This bill would make legislative findings and declarations as to the necessity of a special statute for the City and County of San Francisco. This bill would incorporate additional changes to Section 34177.7 of the Health and Safety Code proposed by AB 143 and SB 143 to be operative only if this bill and either of those bills are enacted and this bill is enacted last.
Approved by the Governor.
Chaptered by Secretary of State. Chapter 782, Statutes of 2023.
Enrolled and presented to the Governor at 4:30 p.m.
Assembly amendments concurred in. (Ayes 34. Noes 0. Page 2678.) Ordered to engrossing and enrolling.
Read third time. Passed. (Ayes 61. Noes 13. Page 3138.) Ordered to the Senate.
(Corrected September 12).
In Senate. Concurrence in Assembly amendments pending.
Assembly Rule 69 suspended.
Ordered to third reading.
Read third time and amended.
Read second time. Ordered to third reading.
Read second time and amended. Ordered to second reading.
From committee: Do pass as amended. (Ayes 6. Noes 0.) (June 28).
From committee: Do pass and re-refer to Com. on H. & C.D. (Ayes 7. Noes 1.) (June 21). Re-referred to Com. on H. & C.D.
Referred to Coms. on L. GOV. and H. & C.D.
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 35. Noes 2. Page 1052.) Ordered to the Assembly.
Read second time. Ordered to third reading.
Withdrawn from committee.
Ordered to second reading.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 10. Noes 0. Page 981.) (May 2). Re-referred to Com. on APPR.
Set for hearing May 2.
From committee: Do pass and re-refer to Com. on HOUSING. (Ayes 7. Noes 0. Page 573.) (March 29). Re-referred to Com. on HOUSING.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on GOV. & F.
Set for hearing March 29.
Referred to Coms. on GOV. & F., HOUSING, and APPR.
From printer. May be acted upon on or after March 18.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB593 | HTML |
| 02/15/23 - Introduced | |
| 03/21/23 - Amended Senate | |
| 06/30/23 - Amended Assembly | |
| 09/07/23 - Amended Assembly | |
| 09/14/23 - Enrolled | |
| 10/11/23 - Chaptered |
| Document | Format |
|---|---|
| 03/24/23- Senate Governance and Finance | |
| 04/28/23- Senate Housing | |
| 05/05/23- Sen. Floor Analyses | |
| 06/20/23- Assembly Local Government | |
| 06/26/23- Assembly Housing and Community Development | |
| 07/05/23- ASSEMBLY FLOOR ANALYSIS | |
| 09/07/23- ASSEMBLY FLOOR ANALYSIS | |
| 09/11/23- Sen. Floor Analyses |
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