Status

Bill PDF |Add To My Favorites | Version:

SB-5 Affordable Housing and Community Development Investment Program.(2019-2020)

Text

Votes

History

Bill Analysis

Today's Law As Amended

Compare Versions

Status

Comments To Author

Add To My Favorites

Senate

Assembly

1st

Cmt

2nd

Cmt

2nd

Cmt

2nd

3rd

2nd

3rd

Pass

1st

Cmt

2nd

Cmt

2nd

3rd

Pass

Veto

Senate

Assembly

1st

Cmt

2nd

Cmt

2nd

Cmt

2nd

3rd

2nd

3rd

Pass

1st

Cmt

2nd

Cmt

2nd

3rd

Pass

Veto

Bill Status

Measure:

SB-5

Lead Authors:

Beall (S) , McGuire (S) , Portantino (S)

Principal Coauthors:

Roth (S)

Coauthors:

Aguiar-Curry (A) , Bradford (S) , Caballero (S) , Carrillo (A) , Gabriel (A) , Gloria (A) , Hueso (S) , Kalra (A) , Mullin (A) , Santiago (A) , Stern (S) , Wicks (A) , Wiener (S)

Topic:

Affordable Housing and Community Development Investment Program.

31st Day in Print:

01/03/19

Title:

An act to add Section 41202.6 to the Education Code, to add Part 4 (commencing with Section 55900) to Division 2 of Title 5 of, and to add Division 6 (commencing with Section 62300) to Title 6 of, the Government Code, and to add Section 97.68.1 to the Revenue and Taxation Code, relating to local government finance.

House Location:

Senate

Enrolled Date:

09/13/19

Last Amended Date:

09/05/19

Type of Measure
Inactive Bill - Vetoed
Majority Vote Required
Non-Appropriation
Fiscal Committee
State-Mandated Local Program
Non-Urgency
Non-Tax levy

Last 5 History Actions
Date	Action
01/13/20	Veto sustained.
01/13/20	Stricken from file.
10/13/19	In Senate. Consideration of Governor's veto pending.
10/13/19	Vetoed by the Governor.
09/18/19	Enrolled and presented to the Governor at 4 p.m.

Governor's Message
To the Members of the California State Senate: I am returning Senate Bill 5 without my signature. This bill would establish the Affordable Housing and Community Development Investment Program through which local agencies may redirect property tax revenue for schools to fund affordable housing and related infrastructure. California is in a housing crisis, and I have consistently maintained we need to use all the tools in our toolbox to address it. However, this bill would increase costs by $2 billion annually once fully implemented. Legislation with such a significant fiscal impact needs to be part of budget deliberations so that it can be considered in light of other priorities. I will continue to work collaboratively with the Legislature next year to continue to support increased housing production at all income levels across our state. Sincerely, Gavin Newsom

Governor's Message

To the Members of the California State Senate:

I am returning Senate Bill 5 without my signature.

This bill would establish the Affordable Housing and Community Development Investment Program through which local agencies may redirect property tax revenue for schools to fund affordable housing and related infrastructure.

California is in a housing crisis, and I have consistently maintained we need to use all the tools in our toolbox to address it. However, this bill would increase costs by $2 billion annually once fully implemented. Legislation with such a significant fiscal impact needs to be part of budget deliberations so that it can be considered in light of other priorities.

I will continue to work collaboratively with the Legislature next year to continue to support increased housing production at all income levels across our state.

Sincerely,

Gavin Newsom