Status

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SB-532 Redevelopment: City of Glendale: bond proceeds: affordable housing.(2019-2020)

Senate:
1st
Cmt
2nd
Cmt
2nd
3rd
Pass
Pass
Veto
Assembly:
1st
Cmt
2nd
Cmt
2nd
3rd
Pass
Bill Status
SB-532
Portantino (S)
-
-
Redevelopment: City of Glendale: bond proceeds: affordable housing.
03/24/19
An act to amend Section 34191.4 of the Health and Safety Code, relating to redevelopment.
Senate
09/16/19
09/05/19

Type of Measure
Active Bill - In Floor Process
Majority Vote Required
Non-Appropriation
Fiscal Committee
Non-State-Mandated Local Program
Non-Urgency
Non-Tax levy
Last 5 History Actions
Date Action
10/13/19 In Senate. Consideration of Governor's veto pending.
10/13/19 Vetoed by the Governor.
09/19/19 Enrolled and presented to the Governor at 3 p.m.
09/12/19 Assembly amendments concurred in. (Ayes 35. Noes 1. Page 2894.) Ordered to engrossing and enrolling.
09/10/19 In Senate. Concurrence in Assembly amendments pending.
Governor's Veto Message
To the Members of the California State Senate:

I am returning the following bills without my signature:
 
AB 411
SB 532

These bills authorize certain cities' redevelopment successor agencies to spend stranded bond assets on affordable housing rather than repaying and cancelling the bonds as required under current law.

The bills will result in a General Fund cost of millions of dollars.

While I appreciate the intent of the Legislature to increase the production of affordable housing, I do not support the proposed exemptions to redevelopment agency dissolution requirements, which will which will reduce funding available for education.

Sincerely,





Gavin Newsom