California 2013 2013-2014 Regular Session

California Senate Bill SB246 Introduced / Bill

Filed 02/12/2013

 BILL NUMBER: SB 246INTRODUCED BILL TEXT INTRODUCED BY Senator Fuller FEBRUARY 12, 2013 An act to amend Section 33305 of the Water Code, relating to water districts. LEGISLATIVE COUNSEL'S DIGEST SB 246, as introduced, Fuller. Desert View Water District-Bighorn Mountains Water Agency. Existing law, the Desert View Water District-Bighorn Mountains Water Agency Consolidation Law, authorized a consolidation between the Desert View Water District and the Bighorn Mountains Water Agency and required a county water district consolidated with the Bighorn Mountains Water Agency to separately account for and use all funds derived from the operation of the former district system exclusively for the purposes of maintenance, operation, betterments, and bond debt service of the acquired system until all debt of the former system has been paid in full or until a majority vote of the electorate, as prescribed, authorizes other expenditures. This bill would instead specify procedures for the repayment of bonded indebtedness incurred prior to the consolidation and would prohibit the consolidation from being construed to impair any existing contract. 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 33305 of the Water Code is amended to read: 33305.  Section 31012 applies to a county water district consolidated with the   (a)     The consolidated successor district shall separately account for and use funds derived from the operation of the Desert View Water District and the  Bighorn Mountains Water Agency  for the purpose of bond debt service for each of the former systems  .  (b) Nothing in this part shall be construed to impair any contract entered into prior to January 1, 2014.