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Redevelopment: successor agency: City of Lake Forest.

It became law on Oct 4, 2023.

CA AB 1270 · Assembly Bill · 2023–2024

Stage
Became law
Started in
Assembly
Sponsor
1
Latest action
Oct 4, 2023

What it does

Existing law dissolved redevelopment agencies and community development agencies as of February 1, 2012, and provides for the designation of successor agencies to, among other things, wind down the affairs of the dissolved redevelopment agencies and make payments due for enforceable obligations. In that regard, existing law requires the county auditor-controller to create within the county treasury a Redevelopment Property Tax Trust Fund (Fund) for the property tax revenues related to each former redevelopment agency for administration by the county auditor-controller.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Oct 4, 2023

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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.

Work with this bill

Redevelopment: successor agency: City of Lake Forest. | 52