Bill Text: CA AB1426 | 2009-2010 | Regular Session | Introduced
Bill Title: Flood control: bonds.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2010-02-02 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB1426 Detail]
Download: California-2009-AB1426-Introduced.html
BILL NUMBER: AB 1426 INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Fuller FEBRUARY 27, 2009 An act to amend Section 9537 of the Water Code, relating to flood control. LEGISLATIVE COUNSEL'S DIGEST AB 1426, as introduced, Fuller. Flood control: bonds. The Reclamation Board Bond Act authorizes the issuance of bonds of the Sacramento and San Joaquin Drainage District if a majority of the votes cast at the bond election are in favor of the issuance of bonds. Existing law authorizes the board to levy assessments on land in the drainage district to pay the principal and interest on the bonds. If the assessment is not paid by specified dates, the parcel of land that is the subject of the delinquency may be sold not less than 30 days nor more than 90 days from the date of the delinquency. This bill would extend from 30 to 45 days the time required before a delinquent sale can occur. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 9537 of the Water Code is amended to read: 9537. The sale shall be held not less than3045 days nor more than 90 days from the date of delinquency.