AB-2308 • 2026

Redevelopment: successor agency debt: City and County of San Francisco.

Energy Housing Taxes

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor: Haney
Last action: 2026-06-10
Official status: From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 1.) (June 10). Re-referred to Com. on APPR.
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Redevelopment: successor agency debt: City and County of San Francisco.

AB 2308, as amended, Haney.

What This Bill Does

AB 2308, as amended, Haney.
Redevelopment: successor agency debt: City and County of San Francisco.
Existing law dissolved redevelopment agencies and community development agencies as of February 1, 2012, and provides for the designation of successor agencies to, among other things, wind down the affairs of the dissolved redevelopment agencies and make payments due for enforceable obligations.
Existing law, among other powers granted to successor agencies generally, additionally vests the successor agency to the former Redevelopment Agency of the City and County of San Francisco with the authority, rights, and powers of that former redevelopment agency solely for the purpose of issuing bonds or incurring other indebtedness, subject to the approval of the oversight board of the successor agency, to finance the construction of affordable housing and infrastructure required by specified development agreements, including the infrastructure required by the Transbay Implementation Agreement.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-06-10 California Legislative Information
From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 1.) (June 10). Re-referred to Com. on APPR.
2026-06-03 California Legislative Information
From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on L. GOV.
2026-05-20 California Legislative Information
Referred to Coms. on L. GOV. and APPR.
2026-05-07 California Legislative Information
In Senate. Read first time. To Com. on RLS. for assignment.
2026-05-07 California Legislative Information
Read third time. Passed. Ordered to the Senate. (Ayes 66. Noes 0. Page 4967.)
2026-04-30 California Legislative Information
Read second time. Ordered to Consent Calendar.
2026-04-29 California Legislative Information
From committee: Do pass. To Consent Calendar. (Ayes 12. Noes 0.) (April 29).
2026-04-16 California Legislative Information
From committee: Do pass and re-refer to Com. on H. & C.D. (Ayes 10. Noes 0.) (April 15). Re-referred to Com. on H. & C.D.
2026-03-09 California Legislative Information
Referred to Coms. on L. GOV. and H. & C.D.
2026-02-20 California Legislative Information
From printer. May be heard in committee March 22.
2026-02-19 California Legislative Information
Read first time. To print.

Official Summary Text

AB 2308, as amended, Haney.
Redevelopment: successor agency debt: City and County of San Francisco.
Existing law dissolved redevelopment agencies and community development agencies as of February 1, 2012, and provides for the designation of successor agencies to, among other things, wind down the affairs of the dissolved redevelopment agencies and make payments due for enforceable obligations. Existing law, among other powers granted to successor agencies generally, additionally vests the successor agency to the former Redevelopment Agency of the City and County of San Francisco with the authority, rights, and powers of that former redevelopment agency solely for the purpose of issuing bonds or incurring other indebtedness, subject to the approval of the oversight board of the successor agency, to finance the construction of affordable housing and infrastructure required by specified development agreements, including the infrastructure required by the Transbay Implementation
Agreement. Under existing law, these bonds and indebtedness are considered indebtedness incurred by the dissolved redevelopment agency secured by moneys deposited in the Redevelopment Property Tax Trust Fund established for that agency.
This bill would specify this authority to issue bonds or incur other indebtedness to finance the infrastructure required by the Transbay Implementation Agreement includes entering into arrangements with the Transbay Joint Powers Authority and the City and County of San Francisco to extend the time period for pledges of gross sales proceeds and net tax
increments.
increments, as specified.
This bill would make legislative findings and declarations as to the necessity of a special statute
for the City and County of San Francisco.

Current Bill Text

Read the full stored bill text

Download Bill PDF