Bill Text: CA AB3033 | 2019-2020 | Regular Session | Introduced
Bill Title: Infrastructure and Revitalization Financing Districts.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2020-02-24 - Read first time. [AB3033 Detail]
Download: California-2019-AB3033-Introduced.html
CALIFORNIA LEGISLATURE—
2019–2020 REGULAR SESSION
Assembly Bill
No. 3033
Introduced by Assembly Member Kamlager |
February 21, 2020 |
An act to amend Section 53369 of the Government Code, relating to local government.
LEGISLATIVE COUNSEL'S DIGEST
AB 3033, as introduced, Kamlager.
Infrastructure and Revitalization Financing Districts.
Existing law authorizes the creation by a city, county, city and county, or joint powers authority of an infrastructure and revitalization financing district, as defined, and the issuance of debt with 2/3 voter approval. Existing law provides that it is the intent of the Legislature, by enacting that provision and its related provisions, to establish a long-term permanent program that provides local governments with tools and resources, for specified purposes, in a manner that encourages local cooperation and includes appropriate protections for state and local taxpayers.
This bill would make nonsubstantive changes to that provision.