Los Angeles County Flood Control District: finances.
Existing law, the Los Angeles County Flood Control Act, establishes the Los Angeles County Flood Control District and authorizes the district to control and conserve the flood, storm, and other wastewaters of the district. Existing law authorizes the district to borrow money from certain entities for any flood control work authorized under the act and to repay the same, in annual installments, over a period not to exceed 20 years with an interest at a rate not to exceed 4.25% per annum. Existing law requires the district to annually levy a tax upon the taxable real property of the district clearly sufficient to pay the interest and installments of principal for those loans. Existing law limits the total amount the district may borrow not to exceed in the aggregate the sum of $4,500,000. Existing law also limits the total amount of bonds or other evidence of indebtedness in the aggregate that the district may issue and sell to not exceed $4,500,000.
California SB 1169 (20232024) — Los Angeles County Flood Control District: finances.
Existing law, the Los Angeles County Flood Control Act, establishes the Los Angeles County Flood Control District and authorizes the district to control and conserve the flood, storm, and other wastewaters of the district. Existing law authorizes the district to borrow money from certain entities for any flood control work authorized under the act and to repay the same, in annual installments, over a period not to exceed 20 years with an interest at a rate not to exceed 4.25% per annum. Existing law requires the district to annually levy a tax upon the taxable real property of the district clearly sufficient to pay the interest and installments of principal for those loans. Existing law limits the total amount the district may borrow not to exceed in the aggregate the sum of $4,500,000. Existing law also limits the total amount of bonds or other evidence of indebtedness in the aggregate that the district may issue and sell to not exceed $4,500,000.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
The legislative action history — every referral, reading, and vote.
2024-02-14 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
2024-02-15 From printer. May be acted upon on or after March 16.
2024-02-21 Referred to Com. on L. GOV. referral-committee
2024-03-18 From committee with author's amendments. Read second time and amended. Re-referred to Com. on L. GOV. amendment-passage, committee-passage, reading-1, reading-2, referral-committee
2024-04-17 Set for hearing May 1.
2024-05-01 From committee: Do pass. Ordered to consent calendar. (Ayes 6. Noes 0. Page 3821.) (May 1). committee-passage, committee-passage-favorable
2024-05-02 Read second time. Ordered to consent calendar. reading-1, reading-2
2024-05-09 Read third time. Passed. (Ayes 37. Noes 0. Page 3872.) Ordered to the Assembly. passage, reading-1, reading-3
2024-05-09 In Assembly. Read first time. Held at Desk. reading-1
2024-06-03 Referred to Com. on L. GOV. referral-committee
2024-06-13 From committee: Do pass. Ordered to consent calendar. (Ayes 9. Noes 0.) (June 12). committee-passage, committee-passage-favorable
2024-06-17 Read second time. Ordered to consent calendar. reading-1, reading-2
2024-06-20 Read third time. Passed. (Ayes 66. Noes 0. Page 5949.) Ordered to the Senate. passage, reading-1, reading-3
2024-06-20 In Senate. Ordered to engrossing and enrolling.
2024-06-26 Enrolled and presented to the Governor at 1:30 p.m.
2024-07-02 Approved by the Governor. executive-signature
2024-07-02 Chaptered by Secretary of State. Chapter 77, Statutes of 2024. became-law
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/273240e8-3402-47cd-8ef9-056e60d7fdfc. Confidence: reported (aggregated from official California legislature records).