BILL NUMBER: AB 1666	AMENDED
	BILL TEXT

	AMENDED IN ASSEMBLY  APRIL 18, 2016
	AMENDED IN ASSEMBLY  APRIL 5, 2016

INTRODUCED BY   Assembly Member Brough
   (Coauthors: Assembly Members Baker, Chang, Gallagher, Cristina
Garcia, Maienschein, Obernolte, Wagner, and Wilk)
   (Coauthors: Senators Anderson, Bates, and Runner)

                        JANUARY 14, 2016

   An act to add Section 53343.2 to the Government Code, relating to
local government.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1666, as amended, Brough. Community facilities districts:
reports.
   The Mello-Roos Community Facilities Act of 1982 authorizes the
formation of a community facilities district to finance various
services. The act requires a community facilities district formed
after January 1, 1992, to prepare, if requested by a person who
resides in or owns property in the district and within 120 days after
the last day of each fiscal year, a separate document titled an
"Annual Report."  The act requires a legislative body to report
specific information regarding the sale of bonds to the California
Debt and Investment Advisory Commission (CDIAC). Other existing law
requires each county, city, and special district that assesses a
parcel tax to provide specific information to the Controller in
connection with reports compiled and published by the Controller on
the financial transactions of   counties, cities, and
special districts. 
   This bill would require a legislative body that has an Internet
Web site, within  120 days   seven months 
after the last day of each fiscal year of the district, to display
prominently on its Internet Web site a copy of that annual report, if
requested,  and other specific information relating to
bonded indebtedness incurred by the district, projects funded by, or
that may be funded by, the district, expenses and costs of the
district, and special taxes imposed by the district.   a
copy of the report to CDIAC, and a copy of the report to the
Controller.  By increasing the duties of local officials, this
bill would impose a state-mandated local program.
   The California Constitution requires the state to reimburse local
agencies and school districts for certain costs mandated by the
state. Statutory provisions establish procedures for making that
reimbursement.
   This bill would provide that no reimbursement is required by this
act for a specified reason.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: yes.


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

  SECTION 1.  Section 53343.2 is added to the Government Code, to
read:
   53343.2.  A legislative body that has an Internet Web site, within
 120 days  seven months  after the last
day of each fiscal year of the district, shall display prominently on
its Internet Web site all of the following information:
   (a) A copy of an  audit   annual  report
if requested pursuant to Section 53343.1.
   (b) A copy of the report provided to the California Debt and
Investment Advisory Commission pursuant to Section 53359.5.
   (c) A copy of the report provided to the Controller's office
pursuant to Section 12463.2. 
   (d) The amount of moneys expended for the year, including a
summary of the expenses that includes, but is not limited to, the
following:  
   (1) Facilities, including property.  
   (2) Services.  
   (3) The costs of bonded indebtedness.  
   (4) The costs of collecting the special tax under Section 53340.
 
   (5) Other administrative and overhead costs.  
   (e) A list of projects currently being funded by the district, and
the amount the district has committed for each project. The list
shall include the name and location of each project. 

   (f) A list of the projects that may be funded by the district but
that have not yet commenced and any amount committed by the district
for those projects. The list shall include the name and location of
each project if it is known.  
   (g) The total amount of special taxes collected in excess of the
amount needed to pay the bonded indebtedness, bad debt contingencies,
interest, and fees associated with the district, if any. 

   (h) The date on which the bonded indebtedness will mature.

  SEC. 2.  No reimbursement is required by this act pursuant to
Section 6 of Article XIII B of the California Constitution because a
local agency or school district has the authority to levy service
charges, fees, or assessments sufficient to pay for the program or
level of service mandated by this act, within the meaning of Section
17556 of the Government Code.