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SB 1400

  • California Senate Bill
  • 2019-2020 Regular Session
  • Introduced in Senate Feb 21, 2020
  • Senate
  • Assembly
  • Governor

Accessory Dwelling Unit Construction Bond Act of 2020.

Abstract

Existing law, the Veterans and Affordable Housing Bond Act of 2018, which was approved by the voters as Proposition 1 at the November 6, 2018, statewide general election, authorizes the issuance of bonds in the amount of $4,000,000,000 pursuant to the State General Obligation Bond Law and requires the proceeds from the sale of these bonds to be used to finance various housing programs and a specified program for farm, home, and mobilehome purchase assistance for veterans, as provided. Existing law authorizes a city, county, or city and county to provide for the creation of accessory dwelling units in areas zoned to allow single-family or multifamily use by an ordinance that complies with specified requirements. Existing law requires the city, county, or city and county to ministerially approve or disapprove an application for a permit to create an accessory dwelling unit received pursuant to such an ordinance within 120 days. This bill would enact the Accessory Dwelling Unit Construction Bond Act of 2020 (bond act) , which, if adopted, would authorize the issuance of bonds in the amount of $500,000,000 pursuant to the State General Obligation Bond Law to finance the Accessory Dwelling Unit Construction Program, established as part of the bond act. The bill would authorize the Department of Housing and Community Development to enter into a contract under that program with a homeowner to provide financing to pay for the eligible costs incurred by the homeowner in constructing an accessory dwelling unit on the homeowner's property, subject to specified terms and conditions. The bill would require that moneys received from a homeowner for the repayment of financing provided under the program to be used to pay debt service when due on bonds issued pursuant to the bond act. This bill would provide for submission of the Accessory Dwelling Unit Bond Act of 2020 to the voters at the next statewide general election following its effective date, in accordance with specified law. This bill would declare that it is to take effect immediately as an urgency statute.

Bill Sponsors (1)

Thomas J. Umberg

  • Democratic
  • upper
  • 34
Author

Votes


No votes to display

Actions


Apr 08, 2020

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.

  • Amendment-Passage
  • Referral-Committee
  • Committee-Passage
  • Reading-2
  • Reading-1
Com. on RLS.

Mar 26, 2020

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.

  • Amendment-Passage
  • Referral-Committee
  • Committee-Passage
  • Reading-2
  • Reading-1
Com. on RLS.

Mar 12, 2020

Senate

Referred to Com. on RLS.

  • Referral-Committee
Com. on RLS.

Feb 24, 2020

Senate

From printer. May be acted upon on or after March 25.

Senate

Read first time.

Feb 21, 2020

Senate

Introduced. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB1400 HTML
02/21/20 - Introduced PDF
03/26/20 - Amended Senate PDF
04/08/20 - Amended Senate PDF

Related Documents

Document Format
No related documents.

Sources

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