Parks and recreation: districts: repayment of indebtedness.
(1) Existing law provides for the creation and powers and duties of regional park districts, regional park and open-space districts, and regional open-space districts. Existing law authorizes those districts to acquire all necessary and proper lands and facilities by means of a plan to borrow money or by purchase on contract. Existing law requires indebtedness that is incurred in that manner to bear interest at a rate not exceeding 10% per annum, or if higher, not exceeding the rate provided under provisions governing issuance of local general obligation bonds. Under existing law, indebtedness that is incurred in that manner on or after July 1, 1982, is generally required to be repaid during a period that does not exceed 20 years from the date on which it is incurred.
us/states/ca
California Legislature
20112012
AB 612
California AB 612 (20112012)
bill
Parks and recreation: districts: repayment of indebtedness.
California AB 612 (20112012) — Parks and recreation: districts: repayment of indebtedness.
(1) Existing law provides for the creation and powers and duties of regional park districts, regional park and open-space districts, and regional open-space districts. Existing law authorizes those districts to acquire all necessary and proper lands and facilities by means of a plan to borrow money or by purchase on contract. Existing law requires indebtedness that is incurred in that manner to bear interest at a rate not exceeding 10% per annum, or if higher, not exceeding the rate provided under provisions governing issuance of local general obligation bonds. Under existing law, indebtedness that is incurred in that manner on or after July 1, 1982, is generally required to be repaid during a period that does not exceed 20 years from the date on which it is incurred.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
AB 612 GORDON Concurrence in Senate Amendments — 74–0 (pass) · lower
Do pass as amended. — 9–0 (pass) · upper
3rd Reading AB612 Gordon By Simitian — 39–0 (pass) · upper
Do pass. — 9–0 (pass) · lower
AB 612 GORDON Assembly Third Reading — 78–0 (pass) · lower
Sponsors
Gordon — primary (person)
Hill — coauthor (person)
Simitian — coauthor (person)
Yee — coauthor (person)
Timeline
The legislative action history — every referral, reading, and vote.
2011-02-16 Read first time. To print. reading-1
2011-02-17 From printer. May be heard in committee March 19.
2011-03-03 Referred to Com. on L. GOV. referral-committee
2011-04-26 In committee: Set, first hearing. Hearing canceled at the request of author.
2011-05-02 From committee chair, with author's amendments: Amend, and re-refer to Com. on L. GOV. Read second time and amended. reading-2, amendment-introduction, reading-1, amendment-passage
2011-05-03 Re-referred to Com. on L. GOV. referral-committee
2011-05-12 From committee: Do pass. (Ayes 9. Noes 0.) (May 11). committee-passage, committee-passage-favorable
2011-05-16 Read second time. Ordered to third reading. reading-2, reading-1
2011-05-19 Read third time. Passed. Ordered to the Senate. (Ayes 78. Noes 0. Page 1442.) reading-3, reading-1, passage
2011-05-19 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2011-06-02 Referred to Com. on GOV. & F. referral-committee
2011-06-22 From committee: Do pass as amended. (Ayes 9. Noes 0.) (June 22). amendment-passage, committee-passage, committee-passage-favorable
2011-06-23 Read second time and amended. Ordered to third reading. reading-2, reading-1, amendment-passage
2011-07-05 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 1713.). reading-3, reading-1, passage
2011-07-05 In Assembly. Concurrence in Senate amendments pending. May be considered on or after July 7 pursuant to Assembly Rule 77.
2011-07-07 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 74. Noes 0. Page 2226.). committee-passage-favorable, amendment-passage
2011-07-12 Enrolled and presented to the Governor at 2:30 p.m.
2011-07-25 Approved by the Governor. executive-signature
2011-07-25 Chaptered by Secretary of State - Chapter 104, Statutes of 2011.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/49c9c1f7-0995-4434-ba9d-67a680a5edb4. Confidence: reported (aggregated from official California legislature records).