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---
type: "Bill"
title: "Successor agencies: assets: disposal."
description: "Existing law dissolved redevelopment agencies and community development agencies as of February 1, 2012, and provides for the designation of successor agencies to wind down the affairs of the dissolved redevelopment agencies and to, among other things, dispose of assets and properties of the former redevelopment agency as directed by the oversight board of the successor agency. Existing law requires a successor agency to dispose of specified assets and properties of the former redevelopment expeditiously and in a manner aimed at maximizing value."
jurisdiction: "us/states/ca"
legislature: "California Legislature"
session: "20172018"
identifier: "SB 481"
citation: "California SB 481 (20172018)"
classification: ["bill"]
subjects: ["Successor agencies: assets: disposal."]
status: "enacted"
primary_sponsors: ["Pan"]
version_count: 8
action_count: 33
vote_count: 6
first_action: "2017-02-16"
last_action: "2018-09-18"
source: "openstates"
source_identifier: "ocd-bill/b927169f-e825-450a-8e49-a79eae8e9515"
source_url: "http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180SB481"
source_hash: "c8c2f6252ba2499e04a9da15451b583325788eb116e71a7b8aac13b858755084"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ca"]
---
# California SB 481 (20172018) — Successor agencies: assets: disposal.
Existing law dissolved redevelopment agencies and community development agencies as of February 1, 2012, and provides for the designation of successor agencies to wind down the affairs of the dissolved redevelopment agencies and to, among other things, dispose of assets and properties of the former redevelopment agency as directed by the oversight board of the successor agency. Existing law requires a successor agency to dispose of specified assets and properties of the former redevelopment expeditiously and in a manner aimed at maximizing value.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **02/16/17 - Introduced** (filed) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180SB481&version=20170SB48199INT)
2. **04/06/17 - Amended Senate** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180SB481&version=20170SB48198AMD)
3. **06/06/18 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180SB481&version=20170SB48196AMD)
4. **06/21/18 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180SB481&version=20170SB48195AMD)
5. **06/29/17 - Amended Assembly** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180SB481&version=20170SB48197AMD)
6. **09/18/18 - Chaptered** (committee substitute) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180SB481&version=20170SB48193CHP)
7. **SB481** (committee substitute) — [source](http://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=201720180SB481)
8. **08/23/18 - Enrolled** (enrolled) — [source](https://leginfo.legislature.ca.gov/faces/billPdf.xhtml?bill_id=201720180SB481&version=20170SB48194ENR)
## Votes
- Do pass. — **51** (pass) · lower
- Unfinished Business SB481 Pan Concurrence — **316** (pass) · upper
- Be re-referred to the Committees on [Local Government] and [Housing and Community Development] — **70** (pass) · lower
- That the Assembly amendments be concurred in — **60** (pass) · upper
- Do pass and be re-referred to the Committee on [Housing and Community Development] — **61** (pass) · lower
- SB 481 Pan Senate Third Reading By MCCARTY — **5322** (pass) · lower
## Sponsors
- Pan — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2017-02-16** Introduced. Read first time. To Com. on RLS. for assignment. To print. `introduction, reading-1`
- **2017-02-17** From printer. May be acted upon on or after March 19.
- **2017-03-02** Referred to Coms. on HEALTH and JUD. `referral-committee`
- **2017-04-04** Set for hearing April 19.
- **2017-04-06** From committee with author's amendments. Read second time and amended. Re-referred to Com. on HEALTH. `reading-2, referral-committee, amendment-passage, committee-passage, reading-1`
- **2017-04-20** From committee: Do pass and re-refer to Com. on JUD. (Ayes 9. Noes 0. Page 808.) (April 19). Re-referred to Com. on JUD. `committee-passage-favorable, committee-passage, referral-committee`
- **2017-04-21** Set for hearing April 25.
- **2017-04-26** From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 0. Page 852.) (April 25). Re-referred to Com. on APPR. `committee-passage-favorable, committee-passage, referral-committee`
- **2017-05-04** Set for hearing May 15.
- **2017-05-15** From committee: Do pass. (Ayes 7. Noes 0. Page 1080.) (May 15). `committee-passage-favorable, committee-passage`
- **2017-05-16** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2017-05-30** Read third time. Passed. (Ayes 27. Noes 12. Page 1247.) Ordered to the Assembly. `reading-3, passage, reading-1`
- **2017-05-31** In Assembly. Read first time. Held at Desk. `reading-1`
- **2017-06-08** Referred to Coms. on HEALTH and JUD. `referral-committee`
- **2017-06-28** From committee: Do pass as amended and re-refer to Com. on JUD. (Ayes 15. Noes 0.) (June 27). `committee-passage-favorable, committee-passage, amendment-passage`
- **2017-06-29** Read second time and amended. Re-referred to Com. on JUD. `amendment-passage, reading-2, referral-committee, reading-1`
- **2017-07-10** July 11 set for first hearing canceled at the request of author.
- **2018-06-06** From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD. `reading-2, referral-committee, amendment-passage, committee-passage, reading-1`
- **2018-06-07** Re-referred to Com. on RLS. pursuant to Assembly Rule 96. `referral-committee`
- **2018-06-14** From committee: Be re-referred to Coms. on L. GOV. and H. & C.D. (Ayes 7. Noes 0.) (June 14). Re-referred to Com. on L. GOV. `committee-passage, referral-committee`
- **2018-06-21** From committee: Do pass and re-refer to Com. on H. & C.D. (Ayes 6. Noes 1.) (June 20). Re-referred to Com. on H. & C.D. `committee-passage-favorable, committee-passage, referral-committee`
- **2018-06-21** From committee with author's amendments. Read second time and amended. Re-referred to Com. on H. & C.D. `reading-2, referral-committee, amendment-passage, committee-passage, reading-1`
- **2018-06-27** From committee: Do pass. (Ayes 5. Noes 1.) (June 27). `committee-passage-favorable, committee-passage`
- **2018-06-28** Read second time. Ordered to third reading. `reading-2, reading-1`
- **2018-08-06** Read third time. Passed. (Ayes 53. Noes 22. Page 6146.) Ordered to the Senate. `reading-3, passage, reading-1`
- **2018-08-06** In Senate. Concurrence in Assembly amendments pending.
- **2018-08-09** Re-referred to Com. on RLS. pursuant to Senate Rule 29.10(d). `referral-committee`
- **2018-08-09** From committee: Be re-referred to Com. on GOV. & F. pursuant to Senate Rule 29.10(d). (Ayes 5. Noes 0. Page 5227.) Re-referred to Com. on GOV. & F. `committee-passage, referral-committee`
- **2018-08-15** From committee: That the Assembly amendments be concurred in. (Ayes 6. Noes 0. Page 5325.) `committee-passage`
- **2018-08-21** Assembly amendments concurred in. (Ayes 31. Noes 6. Page 5463.) Ordered to engrossing and enrolling. `committee-passage-favorable, amendment-passage`
- **2018-08-28** Enrolled and presented to the Governor at 3:30 p.m.
- **2018-09-18** Approved by the Governor. `executive-signature`
- **2018-09-18** Chaptered by Secretary of State. Chapter 506, Statutes of 2018.
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b927169f-e825-450a-8e49-a79eae8e9515`. Confidence: reported (aggregated from official California legislature records).