BILL NUMBER: AB 1585	AMENDED
	BILL TEXT

	AMENDED IN SENATE  JUNE 25, 2012
	AMENDED IN SENATE  JUNE 20, 2012
	AMENDED IN ASSEMBLY  MARCH 21, 2012
	AMENDED IN ASSEMBLY  MARCH 15, 2012
	AMENDED IN ASSEMBLY  MARCH 8, 2012

INTRODUCED BY   Assembly Members John A. Pérez, Atkins, Dickinson,
Hill, Mitchell, Perea, and Torres

                        FEBRUARY 2, 2012

   An act relating to community development, and making an
appropriation therefor.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1585, as amended, John A. Pérez. Community development.
   Under existing law, the Housing and Emergency Shelter Trust Fund
Act of 2006, authorizes the issuance of bonds in the amount of
$2,850,000,000 pursuant to the State General Obligation Bond Law.
Proceeds from the sale of these bonds are used to finance various
existing housing programs, capital outlay related to infill
development, brownfield cleanup that promotes infill development,
housing-related parks, and transit-oriented development administered
by the Department of Housing and Community Development.
   This bill would appropriate $50,000,000 of bond revenues to the
Department of Housing and Community Development and from that amount,
allocate $25,000,000 from the Regional Planning, Housing, and Infill
Incentive Account for infill incentive grants, and $25,000,000 from
the Transit-Oriented Development Implementation Fund for
transit-oriented grants and loans.
   Vote: majority. Appropriation: yes. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  The sum of fifty million dollars ($50,000,000) is
hereby appropriated to the Department of Housing and Community
Development as follows:
   (a) Twenty-five million dollars ($25,000,000) from the Regional
Planning, Housing, and Infill Incentive Account established pursuant
to subdivision (b) of Section 53545 of the Health and Safety Code,
for the purpose of funding infill incentive grants  pursuant to
Section 53545.13 of the Health and Safety Code .
   (b) Twenty-five million dollars ($25,000,000) from the
Transit-Oriented Development Implementation Fund established pursuant
to subdivision (c) of Section 53545 of the Health and Safety Code,
for the purpose of funding transit-oriented grants and loans 
pursuant to Part 13 (commencing with Section 53560) of Division 31 of
the Health and Safety Code  .