Today's Law As Amended


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AB-2843 Local employer affordable housing fees: Affordable Housing Assistance Fund.(2019-2020)



As Amends the Law Today


SECTION 1.
 The Legislature finds and declares all of the following:
(a) In California, the median home price is double the national average.
(b) California makes up 12 percent of the nation’s population, but 25 percent of the nation’s homeless population.
(c) According to the Public Policy Institute of California, 25 percent of the nation’s total homeless population reside in California and 69 percent of individuals experiencing homelessness in California are unsheltered, which is the highest rate in the country.
(d) Each household in California spends an average of 30 percent of their income on housing.

SEC. 2.

 Part 17 (commencing with Section 37000) is added to Division 2 of the Revenue and Taxation Code, to read:

PART 17. Local Employer Affordable Housing Fees

37000.
 (a) Any applicant for a local business license shall pay an additional annual fee in the amount required pursuant to subdivision (b), which shall be collected by the city, county, or city and county that issued the license.
(b) The amount of the fee collected pursuant to subdivision (a) shall be as follows:
(1) An employer with 200 to 999 employees shall pay seventy-five dollars ($75) per employee.
(2) An employer with more than 999 employees shall pay one hundred fifty dollars ($150) per employee.
(3) An employer with fewer than 50 employees shall not be required to pay an additional fee pursuant to this section.
(c) (1) The city, county, or city and county shall deposit the moneys in a special fund, established by the city, county, or city and county, to be known as the “Affordable Housing Assistance Fund.”
(2) The moneys in the fund shall be used for the following purposes:
(A) First-time home buyer programs.
(B) Providing vouchers to individuals experiencing homelessness to enable those individuals to obtain temporary housing.
(C) Funding and subsidizing housing development projects that are 100 percent affordable to persons and families of low or moderate income.
(D) Rental assistance.
(d) For purposes of this chapter:
(1) “First-time home buyer” means the same as defined in Section 50068.5 of the Health and Safety Code.
(2) “Persons and families of low or moderate income” shall mean the same as defined in Section 50093 of the Health and Safety Code.
SEC. 3.
 The Legislature finds and declares that Section 2 of this act adding Part 17 (commencing with Section 37000) to Division 2 of the Revenue and Taxation Code addresses a matter of statewide concern rather than a municipal affair as that term is used in Section 5 of Article XI of the California Constitution. Therefore, Section 2 of this act applies to all cities, including charter cities.
SEC. 4.
 If the Commission on State Mandates determines that this act contains costs mandated by the state, reimbursement to local agencies and school districts for those costs shall be made pursuant to Part 7 (commencing with Section 17500) of Division 4 of Title 2 of the Government Code.