Local finance: enhanced infrastructure financing districts.
Existing law establishes enhanced infrastructure financing districts to finance public capital facilities or other specified projects of communitywide significance. Existing law provides for the membership of the governing body of the district, referred to as the public financing authority. Existing law authorizes the legislative body of a city or a county to designate a proposed enhanced infrastructure financing district by adopting a resolution of intention to establish the proposed district which, among other things, is required to state that an enhanced infrastructure financing district is proposed and describe the boundaries of the proposed district. Existing law requires the public financing authority to direct the preparation of and adopt an infrastructure financing plan consistent with the general plan and any relevant specific plan, and consisting of, among other things, a financing section. Existing law requires that the financing section include a plan for financing the public facilities, a limit on the total number of dollars of taxes that may be allocated to the district pursuant to the plan, and a date, either not more than 45 years from the date on which the issuance of the bonds is approved for the plan or the issuance of a loan is approved on which the district will cease to exist, by which time all tax allocation to the district will end, or, where the district is divided into project areas, a date on which the infrastructure financing plan will cease to be in effect and all tax allocations to the district will end and a date on which the district's authority to repay indebtedness with incremental tax revenues will end, as specified.
California AB 761 (20232024) — Local finance: enhanced infrastructure financing districts.
Existing law establishes enhanced infrastructure financing districts to finance public capital facilities or other specified projects of communitywide significance. Existing law provides for the membership of the governing body of the district, referred to as the public financing authority. Existing law authorizes the legislative body of a city or a county to designate a proposed enhanced infrastructure financing district by adopting a resolution of intention to establish the proposed district which, among other things, is required to state that an enhanced infrastructure financing district is proposed and describe the boundaries of the proposed district. Existing law requires the public financing authority to direct the preparation of and adopt an infrastructure financing plan consistent with the general plan and any relevant specific plan, and consisting of, among other things, a financing section. Existing law requires that the financing section include a plan for financing the public facilities, a limit on the total number of dollars of taxes that may be allocated to the district pursuant to the plan, and a date, either not more than 45 years from the date on which the issuance of the bonds is approved for the plan or the issuance of a loan is approved on which the district will cease to exist, by which time all tax allocation to the district will end, or, where the district is divided into project areas, a date on which the infrastructure financing plan will cease to be in effect and all tax allocations to the district will end and a date on which the district's authority to repay indebtedness with incremental tax revenues will end, as specified.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass and be re-referred to the Committee on [Appropriations] with recommendation: To Consent Calendar — 15–0 (pass) · lower
With recommendation: That Senate amendments be concurred in. — 9–0 (pass) · lower
Do pass. — 15–0 (pass) · lower
3rd Reading AB761 Friedman et al. By Allen — 40–0 (pass) · upper
Do pass — 7–0 (pass) · upper
AB 761 Friedman Concurrence in Senate Amendments — 76–0 (pass) · lower
AB 761 Friedman Assembly Third Reading — 79–0 (pass) · lower
Sponsors
Friedman — primary (person)
Allen — coauthor (person)
Santiago — coauthor (person)
Zbur — coauthor (person)
Timeline
The legislative action history — every referral, reading, and vote.
2023-02-13 Read first time. To print. reading-1
2023-02-14 From printer. May be heard in committee March 16.
2023-02-23 Referred to Com. on TRANS. referral-committee
2023-03-21 From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 15. Noes 0.) (March 20). Re-referred to Com. on APPR. committee-passage, committee-passage-favorable, referral-committee
2023-04-26 In committee: Hearing postponed by committee.
2023-05-03 In committee: Set, first hearing. Referred to APPR. suspense file. referral-committee
2023-05-18 From committee: Do pass. (Ayes 15. Noes 0.) (May 18). committee-passage, committee-passage-favorable
2023-05-18 Read second time. Ordered to third reading. reading-1, reading-2
2023-05-30 Read third time. Passed. Ordered to the Senate. (Ayes 79. Noes 0. Page 1869.) passage, reading-1, reading-3
2023-05-31 In Senate. Read first time. To Com. on RLS. for assignment. reading-1
2023-06-07 Referred to Com. on TRANS. referral-committee
2023-09-13 Senate Rules Suspended
2023-09-13 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on TRANS. amendment-introduction, amendment-passage, reading-1, reading-2, referral-committee
2023-09-14 Withdrawn from committee.
2023-09-14 Re-referred to Com. on RLS. referral-committee
2024-05-01 Re-referred to Com. on L. GOV. referral-committee
2024-05-20 From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on L. GOV. amendment-introduction, amendment-passage, reading-1, reading-2, referral-committee
2024-05-29 From committee: Do pass. (Ayes 7. Noes 0.) (May 29). committee-passage, committee-passage-favorable
2024-05-30 Read second time. Ordered to third reading. reading-1, reading-2
2024-08-20 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 5223.). passage, reading-1, reading-3
2024-08-20 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 22 pursuant to Assembly Rule 77.
2024-08-22 Re-referred to Com. on L. GOV. pursuant to Assembly Rule 77.2. referral-committee
2024-08-27 Joint Rule 62(a) suspended.
2024-08-28 From committee: That the Senate amendments be concurred in. (Ayes 9. Noes 0.) (August 28). committee-passage
2024-08-29 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 76. Noes 0.). amendment-passage, committee-passage-favorable
2024-09-10 Enrolled and presented to the Governor at 4:30 p.m.
2024-09-22 Approved by the Governor. executive-signature
2024-09-22 Chaptered by Secretary of State - Chapter 344, Statutes of 2024. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/26e023b2-2325-46b2-a900-1e7c198a014c. Confidence: reported (aggregated from official California legislature records).
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