Income tax credits: low-income housing: California Debt Limit Allocation Committee rulemaking.
It was vetoed on Sep 29, 2022.
- Stage
- Vetoed
- Started in
- Assembly
- Sponsor
- 1
- Latest action
- Sep 29, 2022
What it does
Existing federal law prescribes a volume ceiling on the aggregate amount of private activity bonds that may be issued in a state. Existing law creates the California Debt Limit Allocation Committee (CDLAC) for the purpose of administering the volume limit for the state on private activity bonds through an allocation system. Existing law authorizes CDLAC to adopt, amend, or repeal rules and regulations as emergency regulations in accordance with the rulemaking provisions of the Administrative Procedure Act.
Where it stands
This bill failed and is no longer moving.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Needs attention)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
Once a bill is decided, the questions are about what is done with it in California.