BILL NUMBER: AB 1338	AMENDED
	BILL TEXT

	AMENDED IN SENATE  JUNE 16, 2011
	AMENDED IN ASSEMBLY  MAY 2, 2011

INTRODUCED BY   Assembly Member Roger Hernández

                        FEBRUARY 18, 2011

   An act to add Section 33391.1 to the Health and Safety Code,
relating to redevelopment.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1338, as amended, Roger Hernández. Redevelopment.
   The Community Redevelopment Law authorizes the establishment of
redevelopment agencies in communities to address the effects of
blight, as defined, in blighted areas in those communities known as
project areas. Existing law authorizes an agency to, within a survey
area or for purposes of development, purchase, lease, obtain, or
acquire any real or personal property and to acquire real property by
eminent domain.
   This bill would require  that   ,  on
and after January 1, 2012,  all real property purchased or
otherwise acquired in exchange for financial remuneration by an
agency pursuant to the above provisions be subject to an appraisal by
a qualified independent appraiser to determine the fair market value
of that property   an agency to obtain an appraisal by
a qualified independent appraiser to determine the fair market value
of property before an agency acquires or purchases real property
 .
   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.  Section 33391.1 is added to the Health and Safety Code,
to read:
   33391.1.  On and after January 1, 2012,  all real property
purchased or otherwise acquired in exchange for financial
remuneration by an agency pursuant to Section 33391 shall be subject
to an appraisal by a qualified independent appraiser to determine the
fair market value of that property.   an agency shall
obtain an appraisal from a qualified independent appraiser to
determine the fair market value of property before the agency
acquires or purchases real property pursuant to Section 53391.