Bill Text: CA AB434 | 2019-2020 | Regular Session | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Housing financing programs: uniform procedures.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2020-09-28 - Chaptered by Secretary of State - Chapter 192, Statutes of 2020. [AB434 Detail]
Download: California-2019-AB434-Introduced.html
Any A contract entered into under this article shall contain all of the following provisions:
Bill Title: Housing financing programs: uniform procedures.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2020-09-28 - Chaptered by Secretary of State - Chapter 192, Statutes of 2020. [AB434 Detail]
Download: California-2019-AB434-Introduced.html
CALIFORNIA LEGISLATURE—
2019–2020 REGULAR SESSION
Assembly Bill | No. 434 |
Introduced by Assembly Member Daly |
February 11, 2019 |
An act to amend Section 50281 of the Government Code, relating to historical property.
LEGISLATIVE COUNSEL'S DIGEST
AB 434, as introduced, Daly.
Historical property: contracts.
Existing law authorizes the owner of a qualified historical property to contract with a legislative body of a city, county, or city and county to restrict the use of the property, and requires specified provisions to be included within the contract.
This bill would make nonsubstantive changes to that law.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 50281 of the Government Code is amended to read:50281.
(a) The term of the contract shall be for a minimum period of 10 years.
(b) Where applicable, the contract shall provide the following:
(1) For the preservation of the qualified historical property and, when necessary, to restore and rehabilitate the property to conform to
the rules and regulations of the Office of Historic Preservation of the Department of Parks and Recreation, the United States Secretary of the Interior’s Standards for Rehabilitation, and the State Historical Building Code.
(2) For an inspection of the interior and exterior of the premises by the city, county, or city and county, prior to a new agreement, and every five years thereafter, to determine the owner’s compliance with the contract.
(3) For it the contract to be binding upon, and inure to the benefit of, all successors in interest of the owner. A successor in interest shall have the same rights and obligations under the contract as the original owner who entered into the
contract.