BILL NUMBER: SB 975 AMENDED
BILL TEXT
AMENDED IN SENATE MARCH 10, 2016
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 amended, 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 pursuant to, specified provisions
of the California Constitution 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 no revenues derived from the imposition of a
property tax rate, approved by the voters of a city,
county, or city and county pursuant to subdivision (b)
of Section 1 of Article XIII A of
the California Constitution 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.