BILL NUMBER: SB 430INTRODUCED BILL TEXT INTRODUCED BY Senator Dutton FEBRUARY 26, 2009 An act to add Section 34004.1 to the Health and Safety Code, relating to redevelopment. LEGISLATIVE COUNSEL'S DIGEST SB 430, as introduced, Dutton. Redevelopment: County of San Bernardino: disaster recovery project area. The Community Redevelopment Law authorizes the establishment of redevelopment agencies in communities to address the effects of blight in those communities. The Community Redevelopment Disaster Project Law authorizes a community to establish a redevelopment agency in an area in which a disaster has occurred, to adopt and implement a redevelopment plan with specified time limits, and to undertake and carry out a redevelopment project in the area. This bill would require the County of San Bernardino Redevelopment Agency for its redevelopment plan for the Cedar Glen Disaster Recovery Project Area to have a time limit on the establishing of loans, advances, and indebtedness to be paid with the proceeds of property tax revenue of no more than 15 years from the adoption of the redevelopment plan; to have a time limit on the effectiveness of the redevelopment plan of no more than 20 years; and to have a time limit to repay indebtedness with the proceeds of property tax revenue of not more than 30 years from the adoption of the redevelopment plan. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 34004.1 is added to the Health and Safety Code, to read: 34004.1. Notwithstanding any other provision of this part, the time limits applicable to the County of San Bernardino Redevelopment Agency's Cedar Glen Disaster Recovery Project Area shall be the following: (a) A time limit on the establishing of loans, advances, and indebtedness to be paid with the proceeds of property taxes received pursuant to Section 33670 shall not exceed 15 years from the adoption of the redevelopment plan. (b) A time limit on the effectiveness of the redevelopment plan shall not exceed 20 years from the adoption of the redevelopment plan. (c) A time limit to repay indebtedness with the proceeds of property taxes received pursuant to Section 33670 shall not exceed 30 years from the adoption of the redevelopment plan.