|Sept. 23, 2015
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Governor Signs League-Supported AB 2, Restores Redevelopment Option for State’s Most Disadvantaged Communities
Cleanup to EIFD Law Also SignedThree years of legislative effort finally bore fruit on Tuesday when Gov. Jerry Brown signed AB 2 (Alejo and Garcia), which will restore a redevelopment tool that can be used in the state’s disadvantaged areas. Additional improvements were also made to Enhanced Infrastructure Finance Districts (EIFD) when the Governor signed AB 313 (Atkins).
Economic Development, Redevelopment, Infrastructure Financing Districts, Legislation, Hot Bills
Committee Expected to Meet This Fall to Craft DealThe Assembly and Senate today announced the members of the conference committee for the special session on Transportation (X1). The plan to hold a conference committee was announced the last week of the legislative session when it became apparent that an agreement on how to address the transportation funding shortfall was not imminent. The conference committee is expected to begin a series of hearings by mid-October.
Transportation, Assembly, Senate
League Releases Summary of New LawGov. Jerry Brown on Tuesday signed SB 107, which contains significant changes to redevelopment dissolution laws and several unrelated items.
Economic Development, redevelopment, Infrastructure Financing Districts, Legsalation, Hot Bills
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