Bill Text: CA AB2167 | 2011-2012 | Regular Session | Introduced

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

---

Bill Title: Bay Area Water Supply and Conservation Agency: financial

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2012-09-07 - Chaptered by Secretary of State - Chapter 251, Statutes of 2012. [AB2167 Detail]

Download: California-2011-AB2167-Introduced.html

---

BILL NUMBER: AB 2167	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Hill

                        FEBRUARY 23, 2012

   An act relating to water.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2167, as introduced, Hill. Bay Area Water Supply and
Conservation Agency.
   Under existing law, the City and County of San Francisco operates
the Hetch Hetchy Project as a regional water delivery system,
supplying water to persons and entities in San Francisco and the
Counties of Alameda, San Mateo, and Santa Clara. Existing law, the
Bay Area Water Supply and Conservation Agency Act, governs the
formation and operation of the Bay Area Water Supply and Conservation
Agency by 24 public entities that purchase water from San Francisco.
The act authorizes the agency to acquire water and water rights, and
to take other specified actions relating to the regional water
system.
   This bill would state the intent of the Legislature to enact
legislation to update the laws governing the agency relative to its
authority to incur indebtedness and issue notes and bonds in order to
carry out its functions.
   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.  It is the intent of the Legislature to enact
legislation to update the laws governing the Bay Area Water Supply
and Conservation Agency relative to its authority to incur
indebtedness and issue notes and bonds in order to carry out its
functions.