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Community facilities districts: financing.

This bill failed and is no longer moving.

CA AB 1032 · Assembly Bill · 2011–2012

Stage
Failed
Started in
Assembly
Sponsor
1
Latest action
Feb 1, 2012

What it does

Existing law authorizes a community facilities district to finance the purchase of facilities whose construction has been completed before the resolution of formation to establish the district is adopted, except that a district may finance the purchase of facilities completed after the adoption of the resolution of formation if the facility was constructed as if it had been constructed under the direction and supervision, or under the authority of, the local agency that will own or operate the facility.

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Where it stands

This bill failed and is no longer moving.

Failed

This bill failed and is no longer moving.

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

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Community facilities districts: financing. | 52