Housing, Land Use and Transportation 08/24/2012
Land Use/Planning
SB 214 (Wolk) – Support
As Amended on August 6, 2012
SB 214, by Senator Lois Wolk, would update state law governing
Infrastructure Financing Districts (IFDs) to provide an improved
mechanism to deliver much-needed infrastructure projects and
create jobs in California.
Specifically, SB 214 would, among other things, eliminate the
two-thirds vote requirement to establish an IFD, remove the
two-thirds vote requirement to issue IFD-associated bonds, extend
the life of IFDs from thirty to forty years, expand the eligible
projects to include transit priority projects consistent with a
Sustainable Communities Strategy, and would allow IFDs to locate
in former redevelopment areas.
IFDs allow the reallocation of existing tax revenues to improve a
designated area and specifically allows local governments to use
their property tax increment to pay for public works projects.
Current law, which requires a two-thirds voter approval to create
an IFD, unnecessarily discourages local governments from using
this creative option to fund much needed infrastructure projects.
SB 214 still requires approval of every affected taxing
jurisdiction including the City Council or Board of Supervisors
to approve a plan for the IFD thus making it a public process
that allows for community input into the program.
Given the fact that there has been a significant underinvestment
in transportation infrastructure across the state over the past
few decades and that the major sources of transportation funding
are no longer sufficient to maintain our current system, let
alone modernize it, SB 214 offers an much-needed solution to
allow local governments more flexibility to make transportation
investments in their communities.
SB 214 was passed out of the Assembly Local Government Committee
by a vote of 6 to 3. The measure now awaits action by the entire
Assembly.
Indian Gaming
AB 2515 (Hall) – Support
As Amended on August 21, 2012
AB 2515, by Assembly Member Isadore Hall, would appropriate $9.1
million from the Indian Gaming Special Distribution Fund (SDF)
for the purpose of local community mitigation grants to help
off-set the impacts on infrastructure and public services from
tribal gaming.
While the grants offered via the SDF program do not mitigate all
of the affects Indian gaming has on California’s local
communities, the funding is still very critical to local
jurisdictions affected by gaming. Counties experience a myriad of
costly impacts on local infrastructure and services ranging from
transportation to wastewater to public safety.
Additionally, these are special funds and have no impact on the
State’s General Fund or budget. These funds are even more vital
during such difficult budget and economic times and could even
stimulate some economic activity as a result of investing the
money in infrastructure mitigation projects.
AB 2515 is awaiting action on the Senate Floor.