Enhanced infrastructure financing districts: California Capital City Downtown Revitalization Act.
Existing law authorizes the legislative body of a city or a county, defined to include a city and county, to establish an enhanced infrastructure financing district to finance public capital facilities or other specified projects of communitywide significance, as provided. Existing law provides for the preparation of a proposed infrastructure financing plan, as provided, which takes effect upon adoption by the public financing authority of the district following a specified public hearing and protest procedure. Existing law authorizes the infrastructure financing plan to provide for the division of taxes levied on taxable property in the area included within the district, as specified, and authorizes the public financing authority to issue bonds by adopting a resolution containing specified provisions, including a determination of the amount of tax revenue available or estimated to be available for the payment of the principal of, and interest on, the bonds.
California SB 516 (20252026) — Enhanced infrastructure financing districts: California Capital City Downtown Revitalization Act.
Existing law authorizes the legislative body of a city or a county, defined to include a city and county, to establish an enhanced infrastructure financing district to finance public capital facilities or other specified projects of communitywide significance, as provided. Existing law provides for the preparation of a proposed infrastructure financing plan, as provided, which takes effect upon adoption by the public financing authority of the district following a specified public hearing and protest procedure. Existing law authorizes the infrastructure financing plan to provide for the division of taxes levied on taxable property in the area included within the district, as specified, and authorizes the public financing authority to issue bonds by adopting a resolution containing specified provisions, including a determination of the amount of tax revenue available or estimated to be available for the payment of the principal of, and interest on, the bonds.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Unfinished Business SB516 Ashby Concurrence — 40–0 (pass) · upper
SB 516 Ashby Senate Third Reading By Haney — 79–0 (pass) · lower
Do pass — 6–0 (pass) · upper
Do pass as amended. — 10–0 (pass) · lower
3rd Reading — 38–0 (pass) · upper
Sponsors
Ashby — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2025-02-19 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
2025-02-20 From printer. May be acted upon on or after March 22.
2025-02-26 Referred to Com. on L. GOV. referral-committee
2025-03-24 Set for hearing April 23.
2025-04-07 April 23 hearing postponed by committee.
2025-04-07 Set for hearing May 7.
2025-04-30 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
2025-05-07 From committee: Do pass. (Ayes 6. Noes 0. Page 1038.) (May 7). committee-passage, committee-passage-favorable
2025-05-08 Read second time. Ordered to third reading. reading-1, reading-2
2025-06-03 Read third time. Passed. (Ayes 38. Noes 0. Page 1470.) Ordered to the Assembly. passage, reading-1, reading-3
2025-06-04 In Assembly. Read first time. Held at Desk. reading-1
2025-06-09 Referred to Com. on L. GOV. referral-committee
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