California 2017-2018 Regular Session

California Assembly Bill AB171 Compare Versions

OldNewDifferences
1-Amended IN Senate July 10, 2017 Amended IN Senate May 25, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 171Introduced by Assembly Members Lackey and FongJanuary 17, 2017An act to add Section 22557.3 to amend Section 22557 of the Public Utilities Code, relating to aviation.LEGISLATIVE COUNSEL'S DIGESTAB 171, as amended, Lackey. East Kern Airport District: temporary negotiable notes. Airport districts: temporary negotiable notes.The California Airport District Act provides for the formation, organization, and operation of airport districts and authorizes airport districts to issue temporary negotiable notes at not more than 8% interest and not exceeding $500,000 in total amount outstanding. Existing law relating to the maximum rate on notes issued by a local agency generally provides that the rate may not exceed 12% per year. The act requires that any note proposed to be issued pursuant to the act with a term longer than 5 years not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance, as specified.The act also provides that these notes are general obligations of the district payable from revenues and taxes unless paid from other available funds of the district in the same manner as bonds of the district and that the maturity of the notes may not be later than 20 years from the date issued, and that the total aggregate amount of the notes outstanding at any one time may not exceed 2% of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, then 2% of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate.This bill would delete these latter provisions.This bill would authorize the East Kern Airport District to issue these notes at a rate not greater than the maximum rate permitted by the law relating to notes issued by a local agency generally, and not exceeding $10,000,000 in total amount outstanding.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 22557 of the Public Utilities Code is amended to read:22557. (a) The district may issue temporary negotiable notes bearing interest at a rate not exceeding 8 percent per annum. However, these notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The maturity of the notes shall not be later than 20 years from the date thereof, and the total aggregate amount of the notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by his or her certificate. The total aggregate amount of these notes outstanding at any one time shall further not exceed the sum of five hundred thousand dollars ($500,000).(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution shall be subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.SECTION 1.Section 22557.3 is added to the Public Utilities Code, to read:22557.3.(a)Notwithstanding Section 22557, the East Kern Airport District may issue temporary negotiable notes bearing interest at a rate not exceeding the maximum rate permitted pursuant to Section 53531 of the Government Code. These notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The notes shall mature not later than 20 years from the date thereof, and the total aggregate amount of notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate. The total aggregate amount of notes outstanding at any one time shall further not exceed ten million dollars ($10,000,000).(b)Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution is subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
1+Amended IN Senate May 25, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 171Introduced by Assembly Member Lackey Members Lackey and FongJanuary 17, 2017An act to amend Section 19353 of the Business and Professions Code, relating to cannabis. An act to add Section 22557.3 to the Public Utilities Code, relating to aviation.LEGISLATIVE COUNSEL'S DIGESTAB 171, as amended, Lackey. Medical Cannabis Regulation and Safety Act: licensure: reporting. East Kern Airport District: temporary negotiable notes.The California Airport District Act provides for the formation, organization, and operation of airport districts and authorizes airport districts to issue temporary negotiable notes at not more than 8% interest and not exceeding $500,000 in total amount outstanding. Existing law relating to the maximum rate on notes issued by a local agency generally provides that the rate may not exceed 12% per year. The act requires that any note proposed to be issued pursuant to the act with a term longer than 5 years not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance, as specified.This bill would authorize the East Kern Airport District to issue these notes at a rate not greater than the maximum rate permitted by the law relating to notes issued by a local agency generally, and not exceeding $10,000,000 in total amount outstanding. Existing law, the Medical Cannabis Regulation and Safety Act (MCRSA), authorizes a person who obtains both a state license under the MCRSA and the relevant local license to engage in commercial medical cannabis activity pursuant to those licenses, as specified. The act authorizes a licensing authority, as defined, to issue a state license to qualified applicants engaging in commerical cannabis activity, subject to certain procedures and requirements. A licensing authority may deny an application for a state license, or issue a conditional license, if certain conditions apply. That act also requires each licensing authority to prepare and submit to the Legislature an annual report on the authoritys activities, and to post the report on the authoritys Internet Web site. The licensing authority is required to include various information in that report, including, among others, the number of state licenses issued by that authority.This bill would also require a licensing authority to include in its annual report the number of conditional licenses issued.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YESNO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 22557.3 is added to the Public Utilities Code, to read:22557.3. (a) Notwithstanding Section 22557, the East Kern Airport District may issue temporary negotiable notes bearing interest at a rate not exceeding the maximum rate permitted pursuant to Section 53531 of the Government Code. These notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The notes shall mature not later than 20 years from the date thereof, and the total aggregate amount of notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate. The total aggregate amount of notes outstanding at any one time shall further not exceed ten million dollars ($10,000,000).(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution is subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.SECTION 1.Section 19353 of the Business and Professions Code is amended to read:19353.Beginning on March 1, 2023, and on or before March 1 of each year thereafter, each licensing authority shall prepare and submit to the Legislature an annual report on the authoritys activities, in compliance with Section 9795 of the Government Code, and post the report on the authoritys Internet Web site. The report shall include, but not be limited to, the following information for the previous fiscal year:(a)The amount of funds allocated and spent by the licensing authority for medical cannabis licensing, enforcement, and administration.(b)The number of state licenses issued, including conditional licenses, renewed, denied, suspended, and revoked, by state license category.(c)The average time for processing state license applications, by state license category.(d)The number of appeals from the denial of state licenses or other disciplinary actions taken by the licensing authority and the average time spent on these appeals.(e)The number of complaints submitted by citizens or representatives of cities or counties regarding licensees, provided as both a comprehensive statewide number and by geographical region.(f)The number and type of enforcement activities conducted by the licensing authorities and by local law enforcement agencies in conjunction with the licensing authorities or the bureau.(g)The number, type, and amount of penalties, fines, and other disciplinary actions taken by the licensing authorities.
22
3- Amended IN Senate July 10, 2017 Amended IN Senate May 25, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 171Introduced by Assembly Members Lackey and FongJanuary 17, 2017An act to add Section 22557.3 to amend Section 22557 of the Public Utilities Code, relating to aviation.LEGISLATIVE COUNSEL'S DIGESTAB 171, as amended, Lackey. East Kern Airport District: temporary negotiable notes. Airport districts: temporary negotiable notes.The California Airport District Act provides for the formation, organization, and operation of airport districts and authorizes airport districts to issue temporary negotiable notes at not more than 8% interest and not exceeding $500,000 in total amount outstanding. Existing law relating to the maximum rate on notes issued by a local agency generally provides that the rate may not exceed 12% per year. The act requires that any note proposed to be issued pursuant to the act with a term longer than 5 years not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance, as specified.The act also provides that these notes are general obligations of the district payable from revenues and taxes unless paid from other available funds of the district in the same manner as bonds of the district and that the maturity of the notes may not be later than 20 years from the date issued, and that the total aggregate amount of the notes outstanding at any one time may not exceed 2% of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, then 2% of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate.This bill would delete these latter provisions.This bill would authorize the East Kern Airport District to issue these notes at a rate not greater than the maximum rate permitted by the law relating to notes issued by a local agency generally, and not exceeding $10,000,000 in total amount outstanding.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
3+ Amended IN Senate May 25, 2017 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Assembly Bill No. 171Introduced by Assembly Member Lackey Members Lackey and FongJanuary 17, 2017An act to amend Section 19353 of the Business and Professions Code, relating to cannabis. An act to add Section 22557.3 to the Public Utilities Code, relating to aviation.LEGISLATIVE COUNSEL'S DIGESTAB 171, as amended, Lackey. Medical Cannabis Regulation and Safety Act: licensure: reporting. East Kern Airport District: temporary negotiable notes.The California Airport District Act provides for the formation, organization, and operation of airport districts and authorizes airport districts to issue temporary negotiable notes at not more than 8% interest and not exceeding $500,000 in total amount outstanding. Existing law relating to the maximum rate on notes issued by a local agency generally provides that the rate may not exceed 12% per year. The act requires that any note proposed to be issued pursuant to the act with a term longer than 5 years not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance, as specified.This bill would authorize the East Kern Airport District to issue these notes at a rate not greater than the maximum rate permitted by the law relating to notes issued by a local agency generally, and not exceeding $10,000,000 in total amount outstanding. Existing law, the Medical Cannabis Regulation and Safety Act (MCRSA), authorizes a person who obtains both a state license under the MCRSA and the relevant local license to engage in commercial medical cannabis activity pursuant to those licenses, as specified. The act authorizes a licensing authority, as defined, to issue a state license to qualified applicants engaging in commerical cannabis activity, subject to certain procedures and requirements. A licensing authority may deny an application for a state license, or issue a conditional license, if certain conditions apply. That act also requires each licensing authority to prepare and submit to the Legislature an annual report on the authoritys activities, and to post the report on the authoritys Internet Web site. The licensing authority is required to include various information in that report, including, among others, the number of state licenses issued by that authority.This bill would also require a licensing authority to include in its annual report the number of conditional licenses issued.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YESNO Local Program: NO
44
5- Amended IN Senate July 10, 2017 Amended IN Senate May 25, 2017
5+ Amended IN Senate May 25, 2017
66
7-Amended IN Senate July 10, 2017
87 Amended IN Senate May 25, 2017
98
109 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
1110
1211 Assembly Bill No. 171
1312
14-Introduced by Assembly Members Lackey and FongJanuary 17, 2017
13+Introduced by Assembly Member Lackey Members Lackey and FongJanuary 17, 2017
1514
16-Introduced by Assembly Members Lackey and Fong
15+Introduced by Assembly Member Lackey Members Lackey and Fong
1716 January 17, 2017
1817
19-An act to add Section 22557.3 to amend Section 22557 of the Public Utilities Code, relating to aviation.
18+An act to amend Section 19353 of the Business and Professions Code, relating to cannabis. An act to add Section 22557.3 to the Public Utilities Code, relating to aviation.
2019
2120 LEGISLATIVE COUNSEL'S DIGEST
2221
2322 ## LEGISLATIVE COUNSEL'S DIGEST
2423
25-AB 171, as amended, Lackey. East Kern Airport District: temporary negotiable notes. Airport districts: temporary negotiable notes.
24+AB 171, as amended, Lackey. Medical Cannabis Regulation and Safety Act: licensure: reporting. East Kern Airport District: temporary negotiable notes.
2625
27-The California Airport District Act provides for the formation, organization, and operation of airport districts and authorizes airport districts to issue temporary negotiable notes at not more than 8% interest and not exceeding $500,000 in total amount outstanding. Existing law relating to the maximum rate on notes issued by a local agency generally provides that the rate may not exceed 12% per year. The act requires that any note proposed to be issued pursuant to the act with a term longer than 5 years not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance, as specified.The act also provides that these notes are general obligations of the district payable from revenues and taxes unless paid from other available funds of the district in the same manner as bonds of the district and that the maturity of the notes may not be later than 20 years from the date issued, and that the total aggregate amount of the notes outstanding at any one time may not exceed 2% of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, then 2% of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate.This bill would delete these latter provisions.This bill would authorize the East Kern Airport District to issue these notes at a rate not greater than the maximum rate permitted by the law relating to notes issued by a local agency generally, and not exceeding $10,000,000 in total amount outstanding.
26+The California Airport District Act provides for the formation, organization, and operation of airport districts and authorizes airport districts to issue temporary negotiable notes at not more than 8% interest and not exceeding $500,000 in total amount outstanding. Existing law relating to the maximum rate on notes issued by a local agency generally provides that the rate may not exceed 12% per year. The act requires that any note proposed to be issued pursuant to the act with a term longer than 5 years not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance, as specified.This bill would authorize the East Kern Airport District to issue these notes at a rate not greater than the maximum rate permitted by the law relating to notes issued by a local agency generally, and not exceeding $10,000,000 in total amount outstanding. Existing law, the Medical Cannabis Regulation and Safety Act (MCRSA), authorizes a person who obtains both a state license under the MCRSA and the relevant local license to engage in commercial medical cannabis activity pursuant to those licenses, as specified. The act authorizes a licensing authority, as defined, to issue a state license to qualified applicants engaging in commerical cannabis activity, subject to certain procedures and requirements. A licensing authority may deny an application for a state license, or issue a conditional license, if certain conditions apply. That act also requires each licensing authority to prepare and submit to the Legislature an annual report on the authoritys activities, and to post the report on the authoritys Internet Web site. The licensing authority is required to include various information in that report, including, among others, the number of state licenses issued by that authority.This bill would also require a licensing authority to include in its annual report the number of conditional licenses issued.
2827
2928 The California Airport District Act provides for the formation, organization, and operation of airport districts and authorizes airport districts to issue temporary negotiable notes at not more than 8% interest and not exceeding $500,000 in total amount outstanding. Existing law relating to the maximum rate on notes issued by a local agency generally provides that the rate may not exceed 12% per year. The act requires that any note proposed to be issued pursuant to the act with a term longer than 5 years not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance, as specified.
3029
31-The act also provides that these notes are general obligations of the district payable from revenues and taxes unless paid from other available funds of the district in the same manner as bonds of the district and that the maturity of the notes may not be later than 20 years from the date issued, and that the total aggregate amount of the notes outstanding at any one time may not exceed 2% of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, then 2% of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate.
30+This bill would authorize the East Kern Airport District to issue these notes at a rate not greater than the maximum rate permitted by the law relating to notes issued by a local agency generally, and not exceeding $10,000,000 in total amount outstanding.
3231
33-This bill would delete these latter provisions.
32+ Existing law, the Medical Cannabis Regulation and Safety Act (MCRSA), authorizes a person who obtains both a state license under the MCRSA and the relevant local license to engage in commercial medical cannabis activity pursuant to those licenses, as specified. The act authorizes a licensing authority, as defined, to issue a state license to qualified applicants engaging in commerical cannabis activity, subject to certain procedures and requirements. A licensing authority may deny an application for a state license, or issue a conditional license, if certain conditions apply. That act also requires each licensing authority to prepare and submit to the Legislature an annual report on the authoritys activities, and to post the report on the authoritys Internet Web site. The licensing authority is required to include various information in that report, including, among others, the number of state licenses issued by that authority.
3433
35-This bill would authorize the East Kern Airport District to issue these notes at a rate not greater than the maximum rate permitted by the law relating to notes issued by a local agency generally, and not exceeding $10,000,000 in total amount outstanding.
34+
35+
36+This bill would also require a licensing authority to include in its annual report the number of conditional licenses issued.
3637
3738
3839
3940 ## Digest Key
4041
4142 ## Bill Text
4243
43-The people of the State of California do enact as follows:SECTION 1. Section 22557 of the Public Utilities Code is amended to read:22557. (a) The district may issue temporary negotiable notes bearing interest at a rate not exceeding 8 percent per annum. However, these notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The maturity of the notes shall not be later than 20 years from the date thereof, and the total aggregate amount of the notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by his or her certificate. The total aggregate amount of these notes outstanding at any one time shall further not exceed the sum of five hundred thousand dollars ($500,000).(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution shall be subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.SECTION 1.Section 22557.3 is added to the Public Utilities Code, to read:22557.3.(a)Notwithstanding Section 22557, the East Kern Airport District may issue temporary negotiable notes bearing interest at a rate not exceeding the maximum rate permitted pursuant to Section 53531 of the Government Code. These notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The notes shall mature not later than 20 years from the date thereof, and the total aggregate amount of notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate. The total aggregate amount of notes outstanding at any one time shall further not exceed ten million dollars ($10,000,000).(b)Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution is subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
44+The people of the State of California do enact as follows:SECTION 1. Section 22557.3 is added to the Public Utilities Code, to read:22557.3. (a) Notwithstanding Section 22557, the East Kern Airport District may issue temporary negotiable notes bearing interest at a rate not exceeding the maximum rate permitted pursuant to Section 53531 of the Government Code. These notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The notes shall mature not later than 20 years from the date thereof, and the total aggregate amount of notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate. The total aggregate amount of notes outstanding at any one time shall further not exceed ten million dollars ($10,000,000).(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution is subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.SECTION 1.Section 19353 of the Business and Professions Code is amended to read:19353.Beginning on March 1, 2023, and on or before March 1 of each year thereafter, each licensing authority shall prepare and submit to the Legislature an annual report on the authoritys activities, in compliance with Section 9795 of the Government Code, and post the report on the authoritys Internet Web site. The report shall include, but not be limited to, the following information for the previous fiscal year:(a)The amount of funds allocated and spent by the licensing authority for medical cannabis licensing, enforcement, and administration.(b)The number of state licenses issued, including conditional licenses, renewed, denied, suspended, and revoked, by state license category.(c)The average time for processing state license applications, by state license category.(d)The number of appeals from the denial of state licenses or other disciplinary actions taken by the licensing authority and the average time spent on these appeals.(e)The number of complaints submitted by citizens or representatives of cities or counties regarding licensees, provided as both a comprehensive statewide number and by geographical region.(f)The number and type of enforcement activities conducted by the licensing authorities and by local law enforcement agencies in conjunction with the licensing authorities or the bureau.(g)The number, type, and amount of penalties, fines, and other disciplinary actions taken by the licensing authorities.
4445
4546 The people of the State of California do enact as follows:
4647
4748 ## The people of the State of California do enact as follows:
4849
49-SECTION 1. Section 22557 of the Public Utilities Code is amended to read:22557. (a) The district may issue temporary negotiable notes bearing interest at a rate not exceeding 8 percent per annum. However, these notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The maturity of the notes shall not be later than 20 years from the date thereof, and the total aggregate amount of the notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by his or her certificate. The total aggregate amount of these notes outstanding at any one time shall further not exceed the sum of five hundred thousand dollars ($500,000).(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution shall be subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
50+SECTION 1. Section 22557.3 is added to the Public Utilities Code, to read:22557.3. (a) Notwithstanding Section 22557, the East Kern Airport District may issue temporary negotiable notes bearing interest at a rate not exceeding the maximum rate permitted pursuant to Section 53531 of the Government Code. These notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The notes shall mature not later than 20 years from the date thereof, and the total aggregate amount of notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate. The total aggregate amount of notes outstanding at any one time shall further not exceed ten million dollars ($10,000,000).(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution is subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
5051
51-SECTION 1. Section 22557 of the Public Utilities Code is amended to read:
52+SECTION 1. Section 22557.3 is added to the Public Utilities Code, to read:
5253
5354 ### SECTION 1.
5455
55-22557. (a) The district may issue temporary negotiable notes bearing interest at a rate not exceeding 8 percent per annum. However, these notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The maturity of the notes shall not be later than 20 years from the date thereof, and the total aggregate amount of the notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by his or her certificate. The total aggregate amount of these notes outstanding at any one time shall further not exceed the sum of five hundred thousand dollars ($500,000).(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution shall be subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
56+22557.3. (a) Notwithstanding Section 22557, the East Kern Airport District may issue temporary negotiable notes bearing interest at a rate not exceeding the maximum rate permitted pursuant to Section 53531 of the Government Code. These notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The notes shall mature not later than 20 years from the date thereof, and the total aggregate amount of notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate. The total aggregate amount of notes outstanding at any one time shall further not exceed ten million dollars ($10,000,000).(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution is subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
5657
57-22557. (a) The district may issue temporary negotiable notes bearing interest at a rate not exceeding 8 percent per annum. However, these notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The maturity of the notes shall not be later than 20 years from the date thereof, and the total aggregate amount of the notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by his or her certificate. The total aggregate amount of these notes outstanding at any one time shall further not exceed the sum of five hundred thousand dollars ($500,000).(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution shall be subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
58+22557.3. (a) Notwithstanding Section 22557, the East Kern Airport District may issue temporary negotiable notes bearing interest at a rate not exceeding the maximum rate permitted pursuant to Section 53531 of the Government Code. These notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The notes shall mature not later than 20 years from the date thereof, and the total aggregate amount of notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate. The total aggregate amount of notes outstanding at any one time shall further not exceed ten million dollars ($10,000,000).(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution is subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
5859
59-22557. (a) The district may issue temporary negotiable notes bearing interest at a rate not exceeding 8 percent per annum. However, these notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The maturity of the notes shall not be later than 20 years from the date thereof, and the total aggregate amount of the notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by his or her certificate. The total aggregate amount of these notes outstanding at any one time shall further not exceed the sum of five hundred thousand dollars ($500,000).(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution shall be subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
60+22557.3. (a) Notwithstanding Section 22557, the East Kern Airport District may issue temporary negotiable notes bearing interest at a rate not exceeding the maximum rate permitted pursuant to Section 53531 of the Government Code. These notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The notes shall mature not later than 20 years from the date thereof, and the total aggregate amount of notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate. The total aggregate amount of notes outstanding at any one time shall further not exceed ten million dollars ($10,000,000).(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution is subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
6061
6162
6263
63-22557. (a) The district may issue temporary negotiable notes bearing interest at a rate not exceeding 8 percent per annum. However, these notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The maturity of the notes shall not be later than 20 years from the date thereof, and the total aggregate amount of the notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by his or her certificate. The total aggregate amount of these notes outstanding at any one time shall further not exceed the sum of five hundred thousand dollars ($500,000).
64+22557.3. (a) Notwithstanding Section 22557, the East Kern Airport District may issue temporary negotiable notes bearing interest at a rate not exceeding the maximum rate permitted pursuant to Section 53531 of the Government Code. These notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The notes shall mature not later than 20 years from the date thereof, and the total aggregate amount of notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate. The total aggregate amount of notes outstanding at any one time shall further not exceed ten million dollars ($10,000,000).
6465
65-(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution shall be subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
66+(b) Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution is subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
6667
6768
6869
6970
7071
71-(a)Notwithstanding Section 22557, the East Kern Airport District may issue temporary negotiable notes bearing interest at a rate not exceeding the maximum rate permitted pursuant to Section 53531 of the Government Code. These notes shall be general obligations of the district payable from revenues and taxes, unless paid from other available funds of the district, in the same manner as bonds of the district. The notes shall mature not later than 20 years from the date thereof, and the total aggregate amount of notes outstanding at any one time shall not exceed 2 percent of the assessed valuation of the taxable property in the district, or if the assessed valuation is not obtained, 2 percent of the county auditors estimate of the assessed valuation of the taxable property of the district evidenced by the auditors certificate. The total aggregate amount of notes outstanding at any one time shall further not exceed ten million dollars ($10,000,000).
72+Beginning on March 1, 2023, and on or before March 1 of each year thereafter, each licensing authority shall prepare and submit to the Legislature an annual report on the authoritys activities, in compliance with Section 9795 of the Government Code, and post the report on the authoritys Internet Web site. The report shall include, but not be limited to, the following information for the previous fiscal year:
7273
7374
7475
75-(b)Any note proposed to be issued pursuant to subdivision (a) with a term longer than five years shall not be issued until after a public hearing is conducted with respect to the issuance and a resolution is adopted approving the issuance. At least 15 days prior to the public hearing, the board shall cause notice of the hearing to be published pursuant to Section 6061 of the Government Code in a newspaper published in the principal county. The resolution is subject to referendum pursuant to Section 9340 of the Elections Code and shall so provide. Within 15 days after adoption of the resolution of issuance, the board shall cause the resolution to be published at least once in a newspaper of general circulation published in the principal county, or if there is none, posted in at least three public places in the district.
76+(a)The amount of funds allocated and spent by the licensing authority for medical cannabis licensing, enforcement, and administration.
77+
78+
79+
80+(b)The number of state licenses issued, including conditional licenses, renewed, denied, suspended, and revoked, by state license category.
81+
82+
83+
84+(c)The average time for processing state license applications, by state license category.
85+
86+
87+
88+(d)The number of appeals from the denial of state licenses or other disciplinary actions taken by the licensing authority and the average time spent on these appeals.
89+
90+
91+
92+(e)The number of complaints submitted by citizens or representatives of cities or counties regarding licensees, provided as both a comprehensive statewide number and by geographical region.
93+
94+
95+
96+(f)The number and type of enforcement activities conducted by the licensing authorities and by local law enforcement agencies in conjunction with the licensing authorities or the bureau.
97+
98+
99+
100+(g)The number, type, and amount of penalties, fines, and other disciplinary actions taken by the licensing authorities.