SB 516
Enhanced infrastructure financing districts: California Capital City Downtown Revitalization Act.
Vote required
Majority
Fiscal committee
No
Appropriation
No
Current location
Chaptered
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed Senate
- Passed Assembly
- To Governor
- Became Law
Bill overview
This bill establishes the California Capital City Downtown Revitalization Act, authorizing Sacramento City or County to create an enhanced infrastructure financing district specifically for the downtown Sacramento area. It allows the district to utilize various funding sources, including property taxes, voter-approved bonds, and state funds, to finance public projects. The bill also makes legislative findings supporting the need for a dedicated statute to address the unique needs of the downtown area.
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.