AB 621,
as amended, Wagner. begin deleteLand use: general plan: public works. end deletebegin insertLocal government: bonds.end insert
Existing law prohibits an investment firm, as defined, from having specified interests in a new issue of bonds from a local agency.
end insertbegin insertThis bill would prohibit a local agency from entering into a financial advisory, legal advisory, underwriting, or similar relationship with an individual or firm, with respect to a bond issue that requires voter approval on or after January 1, 2014, if that individual or firm, or an employee, agent, or person related to an employee or agent of the individual or firm, provided or will provide bond campaign services, as defined, to the bond campaign.
end insertThe Planning and Zoning Law requires a city or county to adopt a comprehensive, long-term general plan for the physical development of the city or county, and of any land outside its boundaries that bears relation to its planning. That law requires, if a general plan or portion thereof has been adopted, specified local government officials and entities to submit to a designated official agency a list of proposed public works recommended for the ensuing fiscal year. That law also requires the recipient agency to list and classify these recommendations and to prepare a coordinated program of proposed public works for the ensuing fiscal year.
end deleteThis bill would make technical, nonsubstantive changes to those submission, listing, and coordinated program requirements.
end deleteVote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.
The people of the State of California do enact as follows:
begin insertSection 53593.5 is added to the end insertbegin insertGovernment Codeend insertbegin insert,
2to read:end insert
(a) A local agency shall not enter into a financial
4advisory, legal advisory, underwriting, or other similar relationship
5with an individual or firm, with respect to a new issue of bonds
6that requires voter approval on or after January 1, 2014, if that
7individual or firm, or an employee, agent, or person related to an
8employee or agent of the individual or firm, provided or will
9provide bond campaign services to the bond campaign.
10(b) For purposes of this section, “related” includes, but is not
11limited to, a family relationship by blood or marriage, a financial
12relationship, an affiliation between business associations, or
13business associations with directors or principals in common.
14(c) (1) For purposes of this section, “bond campaign services”
15includes fundraising, donation by the individual or firm to the
16bond campaign, public opinion polling, election strategy and
17management, organization of campaign volunteers, get-out-the-vote
18services, development of campaign literature, and advocacy
19materials.
20(2) “Bond campaign services” does not include either of the
21following:
22(A) Advice and support related to the preparation of tax rate
23statements and other documentation required for inclusion in the
24voter pamphlet published by the applicable county registrar of
25voters.
26(B) Public opinion polling that is conducted before a bond
27
measure is placed on the ballot for the purposes of gathering
28information regarding, and evaluating the potential for, the
29adoption of the bond measure by the electorate.
Section 65401 of the Government Code is
31amended to read:
If a general plan or part thereof has been adopted, within
2the time fixed by the legislative body, each county or city officer,
3department, board, or commission, and each governmental body,
4commission, or board, including the governing body of any special
5district or school district, whose jurisdiction lies wholly or partially
6within the county or city, whose functions include recommending,
7preparing plans for, or constructing major public
works, shall
8submit to the official agency, as designated by the respective
9county board of supervisors or city council, a list of the proposed
10public works recommended for planning, initiation, or construction
11during the ensuing fiscal year. The official agency receiving the
12list of proposed public works shall list and classify all of these
13recommendations and shall prepare a coordinated program of
14proposed public works for the ensuing fiscal year. The coordinated
15program shall be submitted to the county or city
planning agency
16for review and report to the official agency as to conformity with
17the adopted general plan or part thereof.
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