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SB-1489 Redevelopment.(2003-2004)

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CALIFORNIA LEGISLATURE— 2003–2004 REGULAR SESSION

Senate Bill
No. 1489


Introduced  by  Senator Ducheny

February 19, 2004


An act to amend Section 33080.2 of the Health and Safety Code, relating to redevelopment.


LEGISLATIVE COUNSEL'S DIGEST


SB 1489, as introduced, Ducheny. Redevelopment.
The Community Redevelopment Law requires every redevelopment agency to present an annual report to its legislative body that includes an independent financial audit for the previous fiscal year and to inform the legislative body of major audit violations. Existing law authorizes the Department of Housing and Community Development to examine the records of redevelopment agencies.
This bill would require the redevelopment agency to notify its legislative body of an audit or investigation conducted by the department.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 Section 33080.2 of the Health and Safety Code is amended to read:

33080.2.
 (a) When the agency presents the annual report to the legislative body pursuant to Section 33080.1, the agency shall inform the legislative body of any major violations of this part based on the independent financial audit report or an audit or investigation conducted by the Department of Housing and Community Development pursuant to subdivision (e) of Section 50464. The agency shall inform the legislative body that the failure to correct a major audit violation of this part may result in the filing of an action by the Attorney General pursuant to Section 33080.8.
(b) The legislative body shall review any report submitted pursuant to Section 33080.1 and take any action it deems appropriate on that report no later than the first meeting of the legislative body occurring more than 21 days from the receipt of the report.