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AB-2551 Infrastructure financing districts: renewable energy zones.(2011-2012)

Senate
Assembly
Int
1st
Cmt
2nd
3rd
Pass
1st
Cmt
2nd
Cmt
2nd
3rd
Pass
Pass
Veto
Senate
Assembly
Int
1st
Cmt
2nd
3rd
Pass
1st
Cmt
2nd
Cmt
2nd
3rd
Pass
Pass
Veto

Bill Status
AB-2551
Hueso (A)
-
Vargas (S)
Infrastructure financing districts: renewable energy zones.
03/27/12
An act to add Section 53395.27 to the Government Code, relating to local government.
Assembly
08/31/12
08/14/12

Type of Measure
Inactive Bill - Vetoed
Majority Vote Required
Non-Appropriation
Fiscal Committee
Non-State-Mandated Local Program
Non-Urgency
Non-Tax levy
Last 5 History Actions
Date Action
09/29/12 Vetoed by Governor.
09/10/12 Enrolled and presented to the Governor at 11:25 a.m.
08/27/12 Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 46. Noes 27. Page 6376.).
08/27/12 Assembly Rule 77 suspended. (Page 6357.)
08/24/12 In Assembly. Concurrence in Senate amendments pending. May be considered on or after August 28 pursuant to Assembly Rule 77.
Governor's Message
To the Members of the California State Assembly:

I am returning Assembly Bill 2551 without my signature.

This bill authorizes a legislative body of a city or county to form an Infrastructure Financing District in renewable energy zone areas to issue bonds to pay for renewable energy projects.

While I am supportive of the author's efforts to promote the development of renewable energy sources, this bill is premature. This measure would likely cause cities to focus their efforts on using the new tools provided by the measure instead of winding down redevelopment. This would prevent the state from achieving the General Fund savings assumed in this year's budget.

Sincerely,



Edmund G. Brown Jr.