Bill Text: CA AB2064 | 2009-2010 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: State and local government: salary disclosure.

Spectrum: Moderate Partisan Bill (Democrat 17-2)

Status: (Engrossed - Dead) 2010-08-31 - From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on RLS. Joint Rules 61(b)(15) and 62(a) suspended. (Page 5080.) Re-referred to Com. on G.O. [AB2064 Detail]

Download: California-2009-AB2064-Introduced.html

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BILL NUMBER: AB 2064	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Bass

                        FEBRUARY 18, 2010

   An act to amend Section 50800.5 of the Health and Safety Code,
relating to housing.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2064, as introduced, Bass. Housing and Emergency Shelter Trust
Fund Account.
   Existing law establishes the Emergency Housing and Assistance
Fund, a continuously appropriated fund, that appropriates money to
the Department of Housing and Community Development for the purposes
of carrying out the Emergency Housing and Assistance Program.
Existing law, the Housing and Emergency Shelter Trust Fund Act of
2006, requires the transfer of $50,000,000 from the proceeds of bonds
issued pursuant to the State General Obligation Bond Law to the
Emergency Housing and Assistance Fund for specified purposes.
   This bill would create within the Emergency Housing and Assistance
Fund the Housing and Emergency Shelter Trust Fund Account. The bill
would require that all moneys deposited in the fund pursuant to the
Housing and Emergency Shelter Trust Fund Act of 2006, and all
interest, dividends, and pecuniary gains from these moneys be
transferred to the Housing and Emergency Shelter Trust Fund Account.

   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 50800.5 of the Health and Safety Code is
amended to read:
   50800.5.  (a) There is hereby created in the State Treasury the
Emergency Housing and Assistance Fund. Notwithstanding Section 13340
of the Government Code, all money in the fund is continuously
appropriated to the department to carry out the purposes of this
chapter. Any repayments, interest, or new appropriations shall be
deposited in the fund, notwithstanding Section 16305.7 of the
Government Code. Money in the fund shall not be subject to transfer
to any other fund pursuant to any provision of Part 2 (commencing
with Section 16300) of Division 4 of Title 2 of the Government Code,
except to the Surplus Money Investment Fund.
   (b) All moneys in the Emergency Housing and Assistance Fund,
created pursuant to Section 50800.5 as it existed prior to the
effective date of the act that adds this chapter, shall be
transferred, on the effective date of the act that adds this chapter,
to the Emergency Housing and Assistance Fund created by subdivision
(a).
   (c) The department may require the transfer of moneys in the
Emergency Housing and Assistance Fund to the Surplus Money Investment
Fund for investment pursuant to Article 4 (commencing with Section
16470) of Chapter 3 of Part 2 of Division 4 of Title 2 of the
Government Code. All interest, dividends, and pecuniary gains from
these investments shall accrue to the Emergency Housing and
Assistance Fund, notwithstanding Section 16305.7 of the Government
Code. 
   (d) (1) There is hereby created within the Emergency Housing and
Assistance Fund the Housing and Emergency Shelter Trust Fund Account.
 
   (2) All moneys deposited in the Emergency Housing and Assistance
Fund pursuant to Part 12 (commencing with Section 53540) and all
interest, dividends, and pecuniary gains from these moneys shall be
transferred to the account created in paragraph (1).