AB 116

  • California Assembly Bill
  • 2019-2020 Regular Session
  • Introduced in Assembly
  • Passed Assembly Apr 11, 2019
  • Passed Senate Sep 11, 2019
  • Signed by Governor Oct 09, 2019

Local government.

Bill Subjects

Local Government.

Abstract

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.

Bill Sponsors (1)

Votes


Actions


Oct 09, 2019

California State Legislature

Approved by the Governor.

California State Legislature

Chaptered by Secretary of State - Chapter 656, Statutes of 2019.

Sep 24, 2019

California State Legislature

Enrolled and presented to the Governor at 3:30 p.m.

Sep 13, 2019

Assembly

Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 44. Noes 28. Page 3558.).

Assembly

From committee: That the Senate amendments be concurred in. (Ayes 5. Noes 3.) (September 13).

Assembly

Joint Rule 62(a), file notice suspended. (Page 3542.)

Sep 12, 2019

Assembly

Re-referred to Com. on L. GOV. pursuant to Assembly Rule 77.2.

  • Referral-Committee
Com. on L. GOV. pursuant to Assembly Rule 77.2.

Sep 11, 2019

Senate

Read second time. Ordered to third reading.

Assembly

In Assembly. Concurrence in Senate amendments pending.

Senate

Read third time. Passed. Ordered to the Assembly. (Ayes 29. Noes 11. Page 2827.).

Senate

Senate Rule 29 suspended. (Ayes 29. Noes 9. Page 2826.)

Sep 10, 2019

Senate

From committee: Do pass. (Ayes 12. Noes 4.) (September 10).

Sep 09, 2019

Senate

Senate Rule 29.3(b) suspended. (Ayes 29. Noes 7. Page 2690.)

Sep 06, 2019

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

Aug 30, 2019

Senate

In committee: Hearing postponed by committee.

Aug 26, 2019

Senate

In committee: Hearing postponed by committee.

Apr 24, 2019

Senate

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

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

Apr 11, 2019

Senate

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

Assembly

Read third time. Passed. Ordered to the Senate. (Ayes 54. Noes 13. Page 1185.)

Apr 08, 2019

Assembly

Read second time. Ordered to third reading.

Apr 04, 2019

Assembly

Assembly Rule 96 suspended. (Ayes 53. Noes 15. Page 1032.)

Assembly

Ordered to second reading.

Assembly

Withdrawn from committee.

Jan 24, 2019

Assembly

Referred to Com. on BUDGET.

  • Referral-Committee
Com. on BUDGET.

Dec 04, 2018

Assembly

From printer. May be heard in committee January 3.

Dec 03, 2018

Assembly

Read first time. To print.

Bill Text

Bill Text Versions Format
AB116 HTML
12/03/18 - Introduced PDF
09/06/19 - Amended Senate PDF
09/18/19 - Enrolled PDF
10/09/19 - Chaptered PDF

Related Documents

Document Format
No related documents.

Sources

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