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AB-1084 Redevelopment: housing successor: Low and Moderate Income Housing Asset Fund. (2019-2020)

Senate:
1st
Cmt
2nd
Cmt
2nd
3rd
Pass
Assembly:
1st
Cmt
2nd
Pass
Pass
Veto
Bill Status
AB-1084
Mayes (A)
-
-
Redevelopment: housing successor: Low and Moderate Income Housing Asset Fund.
03/24/19
An act to amend Section 34176.1 of the Health and Safety Code, relating to local government.
Assembly
08/13/19
06/05/19

Type of Measure
Inactive Bill - Vetoed
Majority Vote Required
Non-Appropriation
Fiscal Committee
Non-State-Mandated Local Program
Non-Urgency
Non-Tax levy
Last 5 History Actions
Date Action
10/12/19 Vetoed by Governor.
09/05/19 Enrolled and presented to the Governor at 3 p.m.
08/12/19 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 2660.).
07/11/19 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 9 pursuant to Assembly Rule 77.
07/11/19 Read third time. Passed. Ordered to the Assembly. (Ayes 39. Noes 0. Page 2056.).
Governor's Veto Message
To the Members of the California State Assembly:

I am returning Assembly Bill 1084 without my signature.
 
This bill extends the period of time that certain housing successor agencies of former redevelopment agencies can retain "excess surplus" funds from four years to eight years.

California is experiencing a housing crisis because of decades of underproduction. This is due, in part, to jurisdictions with former redevelopment agencies that did not use the funds to develop mixed-income housing as required. This bill sets a precedent to extend the retention of excess surplus funds for additional jurisdictions, including those that did not meet their affordable housing obligations. It also increases costs outside of the budget process. For these reasons, I cannot support this bill.

Sincerely,





Gavin Newsom