Enhanced infrastructure financing district: climate resilience districts.

Plain English Breakdown

The bill summary text does not provide specific details about public inspection periods or consultation requirements, but these are implied by existing law.

Climate Resilience Districts

The bill allows cities and counties to create special districts to fund projects that help communities deal with climate change impacts, such as building sea walls or fixing homes damaged by disasters.

What This Bill Does

• Allows cities and counties to form climate resilience districts without following all the usual steps for creating an infrastructure financing district if certain conditions are met.
• Requires public meetings where people can discuss forming a new district and making plans for how it will spend money.
• Sets rules about who can be on the board that runs the district, like requiring them to live or own property in the area.
• Limits what the district's money can be used for, such as repairing damage from disasters or reducing future risks.

Who It Names or Affects

• Cities and counties that want to create climate resilience districts.
• People who live in areas where these districts might be formed.
• Businesses within the boundaries of proposed districts.

Terms To Know

Climate Resilience District

A special area created by cities or counties to fund projects that help communities deal with climate change impacts like floods, fires, and extreme weather.

Infrastructure Financing Plan

A plan that outlines how a district will raise money and spend it on infrastructure projects.

Limits and Unknowns

• The bill does not specify exactly what happens if the conditions for forming a climate resilience district are not met.
• It is unclear how much funding these districts can actually generate or how they will be managed once established.

Official Summary Text

SB 782, Pérez.
Enhanced infrastructure financing district: climate resilience districts.
Existing law authorizes the legislative body of a city or a county to designate a proposed enhanced infrastructure financing district to finance public capital facilities or other specified projects, with a governing body referred to as the public financing authority, by adopting a resolution of intention to establish the proposed district.
Existing law authorizes a city, county, city and county, special district, or a combination of any of those entities to form a climate resilience district, as described, for the purposes of raising and allocating funding for eligible projects and the operating expenses of eligible projects. Existing law deems each district to be an enhanced infrastructure financing district and requires each district to comply with existing law concerning enhanced infrastructure financing districts, except as specified.
Existing law requires a district to finance only specified projects that meet the definition of an eligible project, including projects that address sea level rise, extreme heat, extreme cold, the risk of wildfire, drought, and the risk of flooding, as specified.
This bill would authorize a city or county to adopt a resolution providing for the division of taxes of any participating entity without following specified procedures for the preparation and adoption of an infrastructure financing plan, if certain conditions are met. The bill would require the city or county entity proposing formation of the district to hold a public meeting to consider the resolution of intention to establish the district and the governing board of the district to hold a public meeting to consider the adoption of the infrastructure financing plan. The bill would require the city and county entity and the governing board of the district to post specified notices prior to the respective
meetings, as specified. The bill would require the resolution to include specified information, including that incremental property tax revenue from the city or county and all affected taxing entities within the district may be used to finance the district’s activities. The bill would require the infrastructure financing plan to be made available for public inspection at least 30 days before the governing board of the district’s meeting, and would require the designated official of the district to consult with each affected taxing entity prior to development of the infrastructure financing plan.
The bill would
require public members appointed to the governing board of a district established pursuant to these provisions, as specified, to be residents of, own property in, or represent a business within the boundaries of the district and to serve terms of not fewer than 4 years, subject to specified term limits. The bill would limit the use of the district’s revenue to repairing or replacing buildings, low- and moderate-income housing, facilities, structures, or other improvements within the district that have been damaged or destroyed by a disaster, as defined, mitigating the risk of a future disaster, or supporting economic recovery from a disaster, as specified. The bill would define disaster for these purposes to mean a disaster for which the Governor has declared a state of
emergency, as specified.
This bill would declare that it is to take effect immediately as an urgency statute.

Current Bill Text

Download Bill PDF