BILL ANALYSIS Ó SENATE COMMITTEE ON APPROPRIATIONS Senator Ricardo Lara, Chair 2015 - 2016 Regular Session AB 1533 (Committee on Jobs, Economic Development, and the Economy) - Infrastructure financing. ----------------------------------------------------------------- | | | | | | ----------------------------------------------------------------- |--------------------------------+--------------------------------| | | | |Version: May 13, 2015 |Policy Vote: B., P. & E.D. 9 - | | | 0 | | | | |--------------------------------+--------------------------------| | | | |Urgency: No |Mandate: No | | | | |--------------------------------+--------------------------------| | | | |Hearing Date: August 27, 2015 |Consultant: Robert Ingenito | | | | ----------------------------------------------------------------- *********** ANALYSIS ADDENDUM - SUSPENSE FILE *********** The following information is revised to reflect amendments adopted by the committee on August 27, 2015 Bill Summary: AB 1533 would revise the definition of economic development facilities and port facilities for purposes of the Bergeson-Peace Infrastructure and Economic Development Bank (I-Bank) Act, as specified. Fiscal Impact: The author amendments result in the removal of state costs from the bill. Author Amendments: Transfer fiscal responsibility for the federal funds from the Governor's Office of Business and Economic Development to the Valley Economic Development Corporation. AB 1533 (Committee on Jobs, Economic Development, and the Economy) Page 1 of ? -- END --