Skip to content
Thursday, September 28, 2023
studio2cafe

studio2cafe

My house is my palace

  • Home Improvement
  • News home
  • elite housing
  • residential
  • apartment
  • real estate
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap
You are Here
  • Home
  • SB 1105 | bubbleinfo.com
Home Improvement

SB 1105 | bubbleinfo.com

July 24, 20223 min read Gladys J. Bell

[ad_1]

SB 1105 has already passed in the state senate, and is being debated in the assembly. According to C.A.R., it will ‘grant vast, unchecked, taxing and bonding authority to an unelected Housing Agency Board in San Diego which would consist of 6 appointed representatives’. Huh? Anything that resembles a property tax is supposed to be approved by the voters!

This bill, the San Diego Regional Equitable and Environmentally Friendly Housing Act, would establish the San Diego Regional Equitable and Environmentally Friendly Affordable Housing Agency and would state that the agency’s purpose is to increase the supply of equitable and environmentally friendly housing in the County of San Diego by providing for significantly enhanced funding and technical assistance across the regional level for equitable and environmentally friendly housing projects and programs, equitable housing preservation, and rental protection programs, as specified. The bill would require a board composed of 6 voting members who are primary or alternate members of the San Diego Association of Governments, as specified, to govern the agency.

This bill would authorize the agency to, among other things, incur and issue indebtedness, place various measures on the ballot in the County of San Diego and its incorporated cities to raise and allocate funds, in accordance with applicable constitutional requirements, and to issue general obligation bonds secured by the levy of ad valorem property taxes, for purposes of producing and preserving equitable and environmentally friendly housing and supporting rental protection activities, as specified. Among the funding measures, the bill would authorize the agency to impose a parcel tax, a gross receipts business license tax, a special business tax, specified special taxes on real property, and a commercial linkage fee, as defined. The bill would also authorize local jurisdictions within San Diego County to impose a special documentary transfer tax, as specified, and authorize those local jurisdictions to remit proceeds of the tax to the agency to support the purposes of the agency. The bill would require that revenue generated by the agency pursuant to these provisions be used for specified housing purposes and require the agency to distribute those funds in accordance with specified requirements and subject to a specified priority. The bill would require the board to provide for regular financial audits of the agency’s accounts and records and to provide for financial reports.

The bill would require a development proponent for a development funded by the agency pursuant to these provisions to require, in contracts with construction contractors, that certain wage and labor standards will be met, including a requirement that all construction workers be paid at least the general prevailing rate of wages, as specified. The bill would require a development proponent to certify to the agency that those standards will be met in project construction. By expanding the crime of perjury, the bill would impose a state-mandated local program. The bill would also prohibit the agency from placing a measure on the ballot to raise revenue for the agency unless the agency has entered into a countywide project labor agreement with the San Diego County Building and Construction Trades Council, as specified.

The bill would include findings that changes proposed by this bill address a matter of statewide concern rather than a municipal affair and, therefore, apply to all cities in the County of San Diego, including charter cities.

https://openstates.org/ca/bills/20212022/SB1105/



[ad_2]

Source link

C J Real Estate, C&M Real Estate, C&R Real Estate Services, C.F. Real Estate, D Real Estate Appraiser, D Real Estate Daily, D Real Estate Logo, D&B Real Estate, D'Arcy Real Estate, D'Ettorre Real Estate, E Real Estate Agency, E Real Estate Agents Act 2008, E Real Estate Corp, E Real Estate Depot, E Real Estate Depot Mission Tx, E Real Estate Llc, E Real Estate Logo, E Real Estate Meaning, F Real Estate Developer, F Real Estate Logo, F Real Estate Management, F Real Estate Words, F&C Real Estate Investments, F&G Real Estate, H&F Real Estate, M&D Real Estate, Real Estate Data, Real Estate Definition, Real Estate Degree, Real Estate Desoto County Ms, Real Estate Developer, Real Estate Development Consultant, Real Estate Dyer County Tn, Real Estate Dyersburg Tn, Real Estate Etf, Real Estate Exam Prep, Real Estate Exam Questions, Real Estate Express Login, Real Estate Express Reviews, Real Estate Fayette County Tn, Real Estate Florida, Real Estate For Dummies, Real Estate For Sale, Real Estate For Sale Memphis Tn, Real Estate For Sale Near Me, Real Estate For Sale Oxford Ms, Real Estate Forecast 2022, Real Estate Germantown Tn, S&D Real Estate
Share

Post navigation

Home improvement and maintenance: Tips from a Southlake interior designer
Developer bags £43.5m funding for workspace upgrades

Related Posts

  • Luxury Condominiums – Barbados Real Estate That Pays

    September 15, 2023December 14, 2022
  • Disadvantages of ‘For Sale by Owner’

    September 14, 2023December 14, 2022
  • Five Companies With Which to Register for REO Trash-Out and Foreclosure Clean Up Jobs

    September 6, 2023December 14, 2022
September 2023
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930  
« Aug    

Archives

Recent Posts

  • Mastering the Open Floor Plan That Home Buyers Demand
  • Raise Money For Investing Using 11 Poor Man Strategies
  • Refinance Mortgage Calculator
  • House Plan – It’s Importance to Building a New House
  • Sanitair Vacuum Cleaners – Bringing Commercial Cleaners Home

BL

Tags

A&G Real Estate Partners E&G Real Estate G Real Estate Co G Real Estate Company G Real Estate Llc G Real Estate Logo G Real Estate Utah H&B Real Estate H&R Real Estate Investment Trust H&R Real Estate Investment Trust Dividend H&R Real Estate Investment Trust Stock H&S Real Estate H Real Estate Bahrain H Real Estate Logo H Real Estate School I Mexico Real Estate I Real Estate Broker I Real Estate Lawyers I Real Estate Logo I Real Estate Management Ireal Estate Pro I Real Estate Taxes I Think Real Estate P&G Real Estate Real Estate Games Real Estate Georgia Real Estate Gifts Real Estate Greenville Sc Real Estate Groups Real Estate Groups Near Me Real Estate Hardy Ar Real Estate Hashtags Real Estate Haywood County Tn Real Estate Headshots Real Estate Henderson Tn Real Estate Hernando Ms Real Estate Highlands Nc Real Estate Horn Lake Ms Real Estate In Hernando Ms Real Estate In Memphis Real Estate In Oxford Ms Real Estate Institute Real Estate Internships Real Estate Investment Real Estate Investment Trust

You May Have Missed

News home real estate

Mastering the Open Floor Plan That Home Buyers Demand

September 27, 2023December 14, 20223 min read
property

Raise Money For Investing Using 11 Poor Man Strategies

September 27, 2023December 14, 20227 min read
real estate

Refinance Mortgage Calculator

September 25, 2023December 14, 20223 min read
apartment

House Plan – It’s Importance to Building a New House

September 24, 2023December 14, 20223 min read
studio2cafe.com
Proudly powered by WordPress | Theme: Engage Mag by Candid Themes.

WhatsApp us