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Local government: infrastructure and revitalization financing districts.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA AB 243 · Assembly Bill · 2013–2014

Stage
Session ended
Started in
Assembly
Sponsors
4
Latest action
Nov 30, 2014

What it does

Existing law authorizes the creation of infrastructure financing districts, as defined, for the sole purpose of financing public facilities, subject to adoption of a resolution by the legislative body and affected taxing entities proposed to be subject to division of taxes and 23 voter approval. Existing law authorizes the legislative body to, by majority vote, initiate proceedings to issue bonds for the financing of district projects by adopting a resolution, subject to specified procedures and 23 voter approval. Existing law requires an infrastructure financing plan to include the date on which an infrastructure financing district will cease to exist, which may not be more than 30 years…

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Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Current step)

    Passed both chambers · Nov 30, 2014

  4. Law (Needs attention)

    The session ended first

What moved

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Who is involved

Sponsors

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

Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

Local government: infrastructure and revitalization financing districts. | 52