Bill Text: CA SB516 | 2025-2026 | Regular Session | Introduced
Bill Title: California Capital City Downtown Revitalization Act.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2025-02-20 - From printer. May be acted upon on or after March 22. [SB516 Detail]
Download: California-2025-SB516-Introduced.html
CALIFORNIA LEGISLATURE—
2025–2026 REGULAR SESSION
Senate Bill
No. 516
| Introduced by Senator Ashby |
February 19, 2025 |
An act to add Section 53398.75.8 to the Government Code, relating to land use.
LEGISLATIVE COUNSEL'S DIGEST
SB 516, as introduced, Ashby.
California Capital City Downtown Revitalization Act.
Existing law authorizes the legislative body of a city or a county, defined to include a city and county, to establish an enhanced infrastructure financing district to finance public capital facilities or other specified projects of communitywide significance, as provided. Existing law provides for the preparation of a proposed infrastructure financing plan, as provided, which takes effect upon adoption by the public financing authority of the district following a specified public hearing and protest procedure. Existing law authorizes the infrastructure financing plan to provide for the division of taxes levied on taxable property in the area included within the district, as specified, and authorizes the public financing authority to issue bonds by adopting a resolution containing specified provisions, including a determination of the amount of tax revenue available or estimated to be
available for the payment of the principal of, and interest on, the bonds.
This bill, the California Capital City Downtown Revitalization Act, would authorize a city or county within the downtown Sacramento geographic area to adopt a resolution, at any time before or after the adoption of the infrastructure financing plan, to allocate tax revenues of that entity to the district. The bill would specify that the allocated tax revenues could include local sales and use taxes or transactions and use taxes, if specified conditions are met.
This bill would make legislative findings and declarations as to the necessity of a special statute for the downtown Sacramento geographic area.
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 53398.75.8 is added to the Government Code, to read:53398.75.8.
(a) This section shall be known, and may be cited, as the California Capital City Downtown Revitalization Act.(b) (1) At any time before or after the adoption of the infrastructure financing plan, a city or county may adopt a resolution to allocate tax revenues of that entity to the district, including revenues derived from local sales and use taxes imposed pursuant to the Bradley-Burns Uniform Local Sales and Use Tax Law (Part 1.5 (commencing with Section 7200) of Division 2 of the Revenue and Taxation Code), or transactions and use taxes imposed in accordance with the Transactions and Use Tax Law (Part 1.6 (commencing with Section 7251) of Division 2
of the Revenue and Taxation Code), if all of the following apply:
(A) The area to be financed with funds received pursuant to this section is within the downtown Sacramento geographic area, defined by the Sacramento River, the American River, Broadway, and Alhambra Boulevard.
(B) If the infrastructure financing plan proposes to allocate tax revenues of that entity to the district that are derived from the local sales and use taxes imposed under the Bradley-Burns Uniform Local Sales and Use Tax Law (Part 1.5 (commencing with Section 7200) of Division 2 of the Revenue and Taxation Code) or transactions and use taxes imposed in accordance with the Transactions and Use Tax Law (Part 1.6 (commencing with Section 7251) of Division 2 of the Revenue and
Taxation Code), the use of those revenues is consistent with the purposes for which that tax is imposed.
(C) If the infrastructure financing plan proposes to allocate tax revenues of that entity to the district that are derived from the local sales and use taxes imposed pursuant to the Bradley-Burns Uniform Local Sales and Use Tax Law (Part 1.5 (commencing with Section 7200) of Division 2 of the Revenue and Taxation Code), the city, county, or city and county has received the consent of any impacted transportation agency that receives tax revenues derived from any tax adopted pursuant to that law, and has ensured that existing or planned transportation operations and capital projects will not be negatively impacted.
(2) This section does not
authorize a city, county, or city and county to allocate all, or a portion of any sales and use taxes imposed pursuant to the Bradley-Burns Uniform Local Sales and Use Tax Law (Part 1.5 (commencing with Section 7200) of Division 2 of the Revenue and Taxation Code) or transactions and use taxes imposed in accordance with the Transactions and Use Tax Law (Part 1.6 (commencing with Section 7251) of Division 2 of the Revenue and Taxation Code), that was approved by the voters for a special purpose not related to the purposes in paragraph (1).
(c) The infrastructure financing plan shall ensure that the requirements of this section are met every 10 years.
(d) The adoption of the infrastructure financing plan shall meet the requirements of this
chapter.
(e) Notwithstanding Article 4 (commencing with Section 53398.77), bonds issued by a district pursuant to this section may be issued without voter approval.
