California Assembly Bill AB2146 Introduced / Bill

 BILL NUMBER: AB 2146INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Mansoor FEBRUARY 23, 2012 An act to amend Section 97.401 of the Revenue and Taxation Code, relating to local government finance. LEGISLATIVE COUNSEL'S DIGEST AB 2146, as introduced, Mansoor. County auditor: former redevelopment agencies: deposits: Educational Revenue Augmentation Fund. Existing law requires, commencing February 1, 2012, the county auditor to make specified calculations based on the amount deposited on behalf of each former redevelopment agency into the Redevelopment Property Tax Trust Fund, and requires these calculations to result in cities, counties, and special districts annually remitting to the Educational Revenue Augmentation Fund the same amounts they would have remitted but for the operation of a specified law. This bill would make technical, nonsubstantive changes to that provision. 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 97.401 of the Revenue and Taxation Code is amended to read: 97.401. Commencing February 1, 2012, the county auditor shall make the calculations required  by   pursuant to  Section 97.4 based on the amount deposited on behalf of each former redevelopment agency into the Redevelopment Property Tax Trust Fund pursuant to paragraph (1) of subdivision (c) of Section 34182 of the Health and Safety Code. The calculations required  by   pursuant to  Section 97.4 shall result in cities, counties, and special districts annually remitting to the Educational Revenue Augmentation Fund the same amounts they would have remitted but for the operation of Part 1.8 (commencing with Section 34161) and Part 1.85 (commencing with Section 34170) of Division 24 of the Health and Safety Code.