Downtown revitalization and economic recovery financing districts: City and County of San Francisco.
Existing law authorizes the legislative body of a city or a county to establish an enhanced infrastructure financing district to finance public capital facilities or other specified projects of communitywide significance, including the acquisition, construction, or rehabilitation of housing for persons of very low, low, and moderate income. Existing law requires the legislative body to establish a public financing authority, defined as the governing board of the enhanced infrastructure financing district, at the same time the resolution to form an enhanced infrastructure district is adopted. Existing law requires the public financing authority to adopt an infrastructure financing plan that includes specified information, including a finding that the development and financial assistance are of communitywide significance and provide significant benefits to an area larger than the area of the district.
us/states/ca
California Legislature
20232024
AB 2488
California AB 2488 (20232024)
bill
City and County of San Francisco
Downtown revitalization and economic recovery financing districts
California AB 2488 (20232024) — Downtown revitalization and economic recovery financing districts: City and County of San Francisco.
Existing law authorizes the legislative body of a city or a county to establish an enhanced infrastructure financing district to finance public capital facilities or other specified projects of communitywide significance, including the acquisition, construction, or rehabilitation of housing for persons of very low, low, and moderate income. Existing law requires the legislative body to establish a public financing authority, defined as the governing board of the enhanced infrastructure financing district, at the same time the resolution to form an enhanced infrastructure district is adopted. Existing law requires the public financing authority to adopt an infrastructure financing plan that includes specified information, including a finding that the development and financial assistance are of communitywide significance and provide significant benefits to an area larger than the area of the district.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
3rd Reading AB2488 Ting By Wiener — 32–5 (pass) · upper
Do pass. — 8–0 (pass) · lower
Do pass, but first be re-referred to the Committee on [Housing] — 5–1 (pass) · upper
AB 2488 Ting Assembly Third Reading — 71–1 (pass) · lower
AB 2488 Ting Concurrence in Senate Amendments — 72–0 (pass) · lower
Do pass and be re-referred to the Committee on [Housing and Community Development] — 9–0 (pass) · lower
Sponsors
Ting — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2024-02-13 Read first time. To print. reading-1
2024-02-14 From printer. May be heard in committee March 15.
2024-03-18 Referred to Coms. on L. GOV. and H. & C.D. referral-committee
2024-03-18 From committee chair, with author's amendments: Amend, and re-refer to Com. on L. GOV. Read second time and amended. amendment-introduction, amendment-passage, reading-1, reading-2
2024-03-19 Re-referred to Com. on L. GOV. referral-committee
2024-04-15 (Pending re-refer to Com. on H. & C.D.)
2024-04-18 From committee: Do pass and re-refer to Com. on H. & C.D. (Ayes 9. Noes 0.) (April 17). Re-referred to Com. on H. & C.D. committee-passage, committee-passage-favorable, referral-committee
2024-04-18 From committee chair, with author's amendments: Amend, and re-refer to Com. on H. & C.D. Read second time and amended. amendment-introduction, amendment-passage, reading-1, reading-2
2024-04-22 Re-referred to Com. on H. & C.D. referral-committee
2024-04-24 From committee: Do pass. (Ayes 8. Noes 0.) (April 24). committee-passage, committee-passage-favorable
2024-04-25 Read second time. Ordered to third reading. reading-1, reading-2
2024-05-13 Read third time. Passed. Ordered to the Senate. (Ayes 71. Noes 1. Page 5186.) passage, reading-1, reading-3
2024-05-13 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2024-05-22 Referred to Coms. on L. GOV. and HOUSING. referral-committee
2024-05-29 In committee: Set, first hearing. Hearing canceled at the request of author.
2024-06-26 From committee: Do pass and re-refer to Com. on HOUSING. (Ayes 5. Noes 1.) (June 26). Re-referred to Com. on HOUSING. committee-passage, committee-passage-favorable, referral-committee
2024-07-03 From committee: Amend, and do pass as amended. (Ayes 7. Noes 2.) (July 2). amendment-introduction, amendment-passage, committee-passage
2024-08-05 Read second time and amended. Ordered to third reading. amendment-passage, reading-1, reading-2
2024-08-23 Read third time and amended. Ordered to second reading. amendment-passage, reading-1, reading-3
2024-08-26 Read second time. Ordered to third reading. reading-1, reading-2
2024-08-28 Read third time. Passed. Ordered to the Assembly. (Ayes 32. Noes 5.). passage, reading-1, reading-3
2024-08-28 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 30 pursuant to Assembly Rule 77.
2024-08-29 Assembly Rule 77 suspended.
2024-08-29 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 72. Noes 0.). amendment-passage, committee-passage-favorable
2024-09-11 Enrolled and presented to the Governor at 4 p.m.
2024-09-19 Approved by the Governor. executive-signature
2024-09-19 Chaptered by Secretary of State - Chapter 274, Statutes of 2024. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/edab1a7c-9a3a-4c50-8f48-32c42c20eded. Confidence: reported (aggregated from official California legislature records).