BILL NUMBER: SB 975	INTRODUCED
	BILL TEXT


INTRODUCED BY   Committee on Governance and Finance (Senators
Hertzberg (Chair), Beall, Hernandez, Lara, Moorlach, Nguyen, and
Pavley)

                        FEBRUARY 8, 2016

   An act to add Article 18.5 (commencing with Section 53993) to
Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code,
relating to local government.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 975, as introduced, Committee on Governance and Finance. Tax
increment: property tax override rates.
   Existing law establishes procedures for the formation of
infrastructure financing districts, enhanced infrastructure financing
districts, infrastructure and revitalization financing districts,
and community revitalization and investment authorities, as
specified, to undertake various economic development projects,
including financing public facilities and infrastructure, affordable
housing, and economic revitalization. Existing law authorizes an
infrastructure financing plan or a community revitalization and
investment plan to provide for the division of taxes levied upon
taxable property, if any, between the affected taxing entities, as
defined, and the district or authority.
   This bill, for the purpose of any law authorizing the division of
taxes, would prohibit the division of revenues derived from a
property tax rate approved by the voters of a city, county, or city
and county and levied in addition to the general property tax rate
limited by the California Constitution. The bill would specify that
this limitation does not apply to the allocation of property taxes
pursuant to provisions relating to the wind down of the affairs of
redevelopment agencies and the activities of successor agencies.
   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.  Article 18.5 (commencing with Section 53993) is added
to Chapter 4 of Part 1 of Division 2 of Title 5 of the Government
Code, to read:

      Article 18.5.  Division of Property Taxes


   53993.  (a) Notwithstanding any other law, except as provided in
subdivision (b), for the purpose of any law authorizing the division
of taxes levied upon taxable property, including, but not limited to,
Sections 53369.30, 53396, 53398.30, 53398.75, and 62005, any
revenues derived from the imposition of a property tax rate, approved
by the voters of a city, county, or city and county and levied in
addition to the property tax rate limited by subdivision (a) of
Section 1 of Article XIII A of the California Constitution, shall not
be divided.
   (b) Subdivision (a) shall not apply to the allocation of property
taxes pursuant to Part 1.85 (commencing with Section 34170) of
Division 24 of the Health and Safety Code.