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SB-1483 Multifamily improvement districts.(2009-2010)

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Senate Bill No. 1483

An act to amend Section 36710 of the Streets and Highways Code, relating to multifamily improvement districts.

[ Approved by Governor  September 25, 2010. Filed with Secretary of State  September 27, 2010. ]


SB 1483, Wright. Multifamily improvement districts.
Existing law establishes the Multifamily Improvement District Law to provide, until January 1, 2012, for the establishment of multifamily improvement districts within a city or county to levy assessments on residential rental properties within the district for the purpose of financing certain improvements and promoting certain activities beneficial to those properties.
This bill would extend these provisions until January 1, 2022.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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


 Section 36710 of the Streets and Highways Code is amended to read:

 (a) A multifamily improvement district may be established pursuant to this chapter.
(b) A city may not form a multifamily improvement district on or after January 1, 2022, unless a later statute which is enacted on or before January 1, 2022, deletes or extends that date.