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AB-1406 School facilities: leases of real property.(2017-2018)

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Date Published: 08/28/2018 09:00 PM
AB1406:v94#DOCUMENT

Assembly Bill No. 1406
CHAPTER 204

An act to amend Sections 17403 and 17517 of the Education Code, relating to school facilities.

[ Approved by Governor  August 27, 2018. Filed with Secretary of State  August 27, 2018. ]

LEGISLATIVE COUNSEL'S DIGEST


AB 1406, Gloria. School facilities: leases of real property.
Existing law authorizes a school district to enter into leases and agreements relating to real property and buildings to be used by the school district pursuant to specified provisions of law, and provides that the term of any lease or agreement entered into pursuant to those provisions shall not exceed 40 years.
This bill would increase the maximum term of a lease or agreement entered into pursuant to these provisions to 99 years.
Existing law authorizes a school district to enter into leases and agreements relating to real property and buildings to be used jointly by the school district and a private person, firm, local governmental agency as defined, or corporation. Existing law requires that the term of any lease or agreement entered into by a school district under these provisions not exceed 66 years.
This bill would increase the maximum term of a lease or agreement entered into pursuant to these provisions to 99 years.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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


SECTION 1.

 Section 17403 of the Education Code is amended to read:

17403.
 The term of a lease or agreement entered into by a school district pursuant to this article shall not exceed 99 years.

SEC. 2.

 Section 17517 of the Education Code is amended to read:

17517.
 The term of a lease or agreement entered into by a school district pursuant to this article shall not exceed 99 years.