BILL NUMBER: AB 2539INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Ting FEBRUARY 21, 2014 An act to amend Section 50151 of the Health and Safety Code, relating to housing. LEGISLATIVE COUNSEL'S DIGEST AB 2539, as introduced, Ting. State housing policy. Existing law provides that the Secretary of Business, Consumer Services and Housing is responsible for allocating financial aid and contributions made available directly to the state or to the California Housing Finance Agency by the federal government for the purpose of subsidizing housing for low or moderate income families and persons and gives the California Housing Finance Agency priority for receipt of federal housing subsidies. This bill would make technical, nonsubstantive changes to this 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 50151 of the Health and Safety Code is amended to read: 50151. (a) The Secretary of Business, Consumer Services and Housing shall be responsible for allocating financial aid and contributions made available directly to state government or to the agency by any agency of the United States for the purpose of subsidizing housing for persons and families of low or moderate income.The(b) The agency shall have priority among all other units of state government for receipt of federal housing subsidies for use in connection with its lending and insurance programs.