BILL NUMBER: SB 500 INTRODUCED
BILL TEXT
INTRODUCED BY Senator Steinberg
FEBRUARY 26, 2009
An act relating to housing.
LEGISLATIVE COUNSEL'S DIGEST
SB 500, as introduced, Steinberg. Affordable housing: permanent
revenue source.
Existing law sets forth the Legislature's finding and declarations
regarding the availability of affordable housing throughout
California.
This bill would express the intent of the Legislature to enact
legislation that would provide a permanent source of revenue for
affordable housing in California.
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. It is the intent of the Legislature to enact
legislation that provides a permanent source of revenue for
affordable housing in California.