Bill Text: CA AB1951 | 2011-2012 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Housing bonds.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2012-09-29 - Chaptered by Secretary of State - Chapter 784, Statutes of 2012. [AB1951 Detail]

Download: California-2011-AB1951-Introduced.html

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BILL NUMBER: AB 1951	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Atkins

                        FEBRUARY 23, 2012

   An act relating to bonds.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1951, as introduced, Atkins. Housing bonds.
   Existing law, the Housing and Emergency Shelter Trust Fund Act of
2006, authorizes the issuance of bonds to finance various housing
programs, capital outlay related to infill development, brownfield
cleanup that promotes infill development, housing-related parks, and
transit-oriented development programs.
   This bill would state the intent of the Legislature to enact
legislation relating to housing bond programs.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  It is the intent of the Legislature to enact
legislation that would advance the will of the voters by making
changes to underperforming housing bond programs to better align them
with the extraordinary housing crisis facing Californians.