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AB 25

  • California Assembly Bill
  • 2011-2012, 1st Special Session
  • Introduced in Assembly
  • Passed Assembly Jun 03, 2011
  • Senate
  • Governor

Redevelopment.

Bill Subjects

Redevelopment.

Abstract

Existing law requires a redevelopment agency, for the 2009–10 and 2010–11 fiscal years, to deposit revenue payments in its county's Supplemental Educational Revenue Augmentation Fund for allocation to school entities. Existing law authorizes an agency, in order to make these payments, to borrow the amount required to be allocated to that agency's Low and Moderate Income Housing Fund and requires the agency to repay the borrowed funds by a specified date. This bill would authorize an agency to extend the date of repayment for the borrowed funds by 5 years. Existing law suspends various activities of redevelopment agencies and prohibits the agencies from incurring indebtedness for a specified period. Existing law also dissolves redevelopment agencies and community development agencies, as of October 1, 2011, and designates successor agencies, as defined. Existing law exempts from dissolution a redevelopment agency of a community where the city or county that created the agency participates in a voluntary alternative redevelopment program, as prescribed. Existing law requires a participating city or county to make specified remittances for deposit in the Special District Allocation Fund and authorizes that city or county to enter into an agreement with an agency whereby the agency would transfer a portion of its tax increment to the city or county for the purpose of financing specified activities. This bill would make technical, clarifying, and conforming changes to these provisions. The bill would modify provisions relating to agency indebtedness and the transfer of housing funds and responsibilities associated with dissolved redevelopment agencies. The bill would also provide, for the 2012–13 and 2013–14 fiscal years only, that an agreement to transfer tax increment between a city or county and an agency may include an additional amount to reimburse the city for a specified shortfall. The bill would make certain provisions operative only if a specified provision of law is operative. The bill would appropriate $1,000 from the General Fund to the Department of Finance for the costs to comply with the bill. The California Constitution authorizes the Governor to declare a fiscal emergency and to call the Legislature into special session for that purpose. Governor Schwarzenegger issued a proclamation declaring a fiscal emergency, and calling a special session for this purpose, on December 6, 2010. Governor Brown issued a proclamation on January 20, 2011, declaring and reaffirming that a fiscal emergency exists and stating that his proclamation supersedes the earlier proclamation for purposes of that constitutional provision. This bill would state that it addresses the fiscal emergency declared and reaffirmed by the Governor by proclamation issued on January 20, 2011, pursuant to the California Constitution. This bill would declare that it is to take effect immediately as a bill providing for appropriations related to the Budget Bill.

Bill Sponsors (1)

Bob Blumenfield

  • Democratic
Author

Votes


Actions


Sep 14, 2011

Senate

Died on third reading file.

Sep 09, 2011

Senate

Read second time and amended. Ordered to third reading.

Sep 08, 2011

Senate

From committee: Do pass as amended. (Ayes 10. Noes 6.) (September 8).

Sep 07, 2011

Senate

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.

  • Reading-2
  • Amendment-Introduction
  • Reading-1
  • Amendment-Passage
  • Referral-Committee
Com. on B. & F.R.

Senate

In committee: Set, second hearing. Further hearing to be set.

Sep 06, 2011

Senate

In committee: Set, first hearing. Testimony taken. Further hearing to be set.

Sep 02, 2011

Senate

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.

  • Reading-2
  • Amendment-Introduction
  • Reading-1
  • Amendment-Passage
  • Referral-Committee
Com. on B. & F.R.

Jun 08, 2011

Senate

Referred to Com. on B. & F.R.

  • Referral-Committee
Com. on B. & F.R.

Jun 06, 2011

Senate

In Senate. Read first time. To Com. on RLS. for assignment.

Jun 03, 2011

Assembly

Read third time. Passed. Ordered to the Senate. (Ayes 49. Noes 21. Page 180.)

Jun 02, 2011

Assembly

Without reference to committee.

Assembly

Read second time. Ordered to third reading.

Assembly

(Page 171.)

Assembly

Ordered to second reading.

May 20, 2011

Assembly

From printer.

May 19, 2011

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB25 HTML
05/19/11 - Introduced PDF
09/02/11 - Amended Senate PDF
09/07/11 - Amended Senate PDF
09/09/11 - Amended Senate PDF

Related Documents

Document Format
No related documents.

Sources

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