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File #: 20-0220    Version: 1 Name:
Type: Senate Bill Status: Commission Approval
File created: 1/21/2020 In control: Joint MTC Legislation Committee and ABAG Legislation Committee
On agenda: 2/14/2020 Final action:
Title: Senate Bill 795 (Beall): Affordable Housing and Community Development Investment Program SB 795 is a reintroduction of SB 5 (Beall), which MTC and ABAG supported last year, but which was ultimately vetoed by the Governor due to concerns about its impact on the General Fund. The bill would establish a new mechanism to use local property tax revenue for affordable housing, infrastructure and climate change mitigation, among other purposes.
Attachments: 1. 8c_Leg-8c_SB 795 (Beall).pdf, 2. 8c_SB 795 (Beall).pdf

Subject:

Title

Senate Bill 795 (Beall): Affordable Housing and Community Development Investment Program

 

SB 795 is a reintroduction of SB 5 (Beall), which MTC and ABAG supported last year, but which was ultimately vetoed by the Governor due to concerns about its impact on the General Fund. The bill would establish a new mechanism to use local property tax revenue for affordable housing, infrastructure and climate change mitigation, among other purposes.

 

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Presenter:

Presenter

Rebecca Long

 

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Recommended Action:

Action

Support / Commission Approval

 

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Attachments: