Enrolled August 24, 2018 Passed IN Senate August 22, 2018 Passed IN Assembly August 16, 2018 Amended IN Assembly June 20, 2018 Amended IN Senate May 25, 2018 Amended IN Senate April 12, 2018 Amended IN Senate March 08, 2018 Amended IN Senate February 20, 2018 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Bill No. 912Introduced by Senators Beall and Skinner(Coauthors: Senators Hill, Lara, Portantino, and Wiener)January 18, 2018 An act to amend Section 50909 of the Health and Safety Code, relating to housing.LEGISLATIVE COUNSEL'S DIGESTSB 912, Beall. California Housing Finance Agency: management compensation.Existing law establishes the California Housing Finance Agency, within the Department of Housing and Community Development, with a primary purpose of meeting the housing needs of persons and families of low or moderate income. Existing law, among other officers within the agency, provides for a director of enterprise risk management and compliance with specified duties related to the development of new programs or changes to existing law or regulations that may result in new or increased risk to the agency. Existing law requires that the board of directors of the agency establish the compensation of key exempt management positions in the agencys annual budget, as provided.This bill, with respect to the compensation of those key exempt management positions, would include the director of enterprise risk management and compliance and the risk manager among those positions, and would delete obsolete references.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 50909 of the Health and Safety Code is amended to read:50909. (a) Notwithstanding Sections 19816 and 19825 of the Government Code, the compensation of key exempt management, including the executive director, the chief deputy director, the general counsel, the director of financing, the director of homeownership programs, the director of multifamily programs, the director of enterprise risk management and compliance, and the risk manager, shall be established by the board in the agencys annual budget, in amounts which are reasonably necessary, in the discretion of the board, to attract and hold a person of superior qualifications.(b) (1) To determine the compensation for the positions described in this section, the board shall cause to be conducted, through the use of independent outside advisors, salary surveys of both of the following:(A) Other state and local housing finance agencies that are most comparable to CalHFA.(B) Other relevant labor pools.(2) The salaries so set by the board shall not exceed the highest comparable salary for a position of that type, as determined by the survey.(c) The Department of Human Resources shall review the methodology used in these salary surveys.(d) Members of the board shall not receive a salary but shall be entitled to a per diem allowance of one hundred dollars ($100) for each days attendance at a meeting of the board or a meeting of a committee of the board, not to exceed three hundred dollars ($300) in any month, and reimbursement for expenses incurred in the performance of their duties under this part, including travel and other necessary expenses.
Enrolled August 24, 2018 Passed IN Senate August 22, 2018 Passed IN Assembly August 16, 2018 Amended IN Assembly June 20, 2018 Amended IN Senate May 25, 2018 Amended IN Senate April 12, 2018 Amended IN Senate March 08, 2018 Amended IN Senate February 20, 2018 CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION Senate Bill No. 912Introduced by Senators Beall and Skinner(Coauthors: Senators Hill, Lara, Portantino, and Wiener)January 18, 2018 An act to amend Section 50909 of the Health and Safety Code, relating to housing.LEGISLATIVE COUNSEL'S DIGESTSB 912, Beall. California Housing Finance Agency: management compensation.Existing law establishes the California Housing Finance Agency, within the Department of Housing and Community Development, with a primary purpose of meeting the housing needs of persons and families of low or moderate income. Existing law, among other officers within the agency, provides for a director of enterprise risk management and compliance with specified duties related to the development of new programs or changes to existing law or regulations that may result in new or increased risk to the agency. Existing law requires that the board of directors of the agency establish the compensation of key exempt management positions in the agencys annual budget, as provided.This bill, with respect to the compensation of those key exempt management positions, would include the director of enterprise risk management and compliance and the risk manager among those positions, and would delete obsolete references.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: NO
Enrolled August 24, 2018 Passed IN Senate August 22, 2018 Passed IN Assembly August 16, 2018 Amended IN Assembly June 20, 2018 Amended IN Senate May 25, 2018 Amended IN Senate April 12, 2018 Amended IN Senate March 08, 2018 Amended IN Senate February 20, 2018
Enrolled August 24, 2018
Passed IN Senate August 22, 2018
Passed IN Assembly August 16, 2018
Amended IN Assembly June 20, 2018
Amended IN Senate May 25, 2018
Amended IN Senate April 12, 2018
Amended IN Senate March 08, 2018
Amended IN Senate February 20, 2018
CALIFORNIA LEGISLATURE 20172018 REGULAR SESSION
Senate Bill No. 912
Introduced by Senators Beall and Skinner(Coauthors: Senators Hill, Lara, Portantino, and Wiener)January 18, 2018
Introduced by Senators Beall and Skinner(Coauthors: Senators Hill, Lara, Portantino, and Wiener)
January 18, 2018
An act to amend Section 50909 of the Health and Safety Code, relating to housing.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
SB 912, Beall. California Housing Finance Agency: management compensation.
Existing law establishes the California Housing Finance Agency, within the Department of Housing and Community Development, with a primary purpose of meeting the housing needs of persons and families of low or moderate income. Existing law, among other officers within the agency, provides for a director of enterprise risk management and compliance with specified duties related to the development of new programs or changes to existing law or regulations that may result in new or increased risk to the agency. Existing law requires that the board of directors of the agency establish the compensation of key exempt management positions in the agencys annual budget, as provided.This bill, with respect to the compensation of those key exempt management positions, would include the director of enterprise risk management and compliance and the risk manager among those positions, and would delete obsolete references.
Existing law establishes the California Housing Finance Agency, within the Department of Housing and Community Development, with a primary purpose of meeting the housing needs of persons and families of low or moderate income. Existing law, among other officers within the agency, provides for a director of enterprise risk management and compliance with specified duties related to the development of new programs or changes to existing law or regulations that may result in new or increased risk to the agency. Existing law requires that the board of directors of the agency establish the compensation of key exempt management positions in the agencys annual budget, as provided.
This bill, with respect to the compensation of those key exempt management positions, would include the director of enterprise risk management and compliance and the risk manager among those positions, and would delete obsolete references.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 50909 of the Health and Safety Code is amended to read:50909. (a) Notwithstanding Sections 19816 and 19825 of the Government Code, the compensation of key exempt management, including the executive director, the chief deputy director, the general counsel, the director of financing, the director of homeownership programs, the director of multifamily programs, the director of enterprise risk management and compliance, and the risk manager, shall be established by the board in the agencys annual budget, in amounts which are reasonably necessary, in the discretion of the board, to attract and hold a person of superior qualifications.(b) (1) To determine the compensation for the positions described in this section, the board shall cause to be conducted, through the use of independent outside advisors, salary surveys of both of the following:(A) Other state and local housing finance agencies that are most comparable to CalHFA.(B) Other relevant labor pools.(2) The salaries so set by the board shall not exceed the highest comparable salary for a position of that type, as determined by the survey.(c) The Department of Human Resources shall review the methodology used in these salary surveys.(d) Members of the board shall not receive a salary but shall be entitled to a per diem allowance of one hundred dollars ($100) for each days attendance at a meeting of the board or a meeting of a committee of the board, not to exceed three hundred dollars ($300) in any month, and reimbursement for expenses incurred in the performance of their duties under this part, including travel and other necessary expenses.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 50909 of the Health and Safety Code is amended to read:50909. (a) Notwithstanding Sections 19816 and 19825 of the Government Code, the compensation of key exempt management, including the executive director, the chief deputy director, the general counsel, the director of financing, the director of homeownership programs, the director of multifamily programs, the director of enterprise risk management and compliance, and the risk manager, shall be established by the board in the agencys annual budget, in amounts which are reasonably necessary, in the discretion of the board, to attract and hold a person of superior qualifications.(b) (1) To determine the compensation for the positions described in this section, the board shall cause to be conducted, through the use of independent outside advisors, salary surveys of both of the following:(A) Other state and local housing finance agencies that are most comparable to CalHFA.(B) Other relevant labor pools.(2) The salaries so set by the board shall not exceed the highest comparable salary for a position of that type, as determined by the survey.(c) The Department of Human Resources shall review the methodology used in these salary surveys.(d) Members of the board shall not receive a salary but shall be entitled to a per diem allowance of one hundred dollars ($100) for each days attendance at a meeting of the board or a meeting of a committee of the board, not to exceed three hundred dollars ($300) in any month, and reimbursement for expenses incurred in the performance of their duties under this part, including travel and other necessary expenses.
SECTION 1. Section 50909 of the Health and Safety Code is amended to read:
### SECTION 1.
50909. (a) Notwithstanding Sections 19816 and 19825 of the Government Code, the compensation of key exempt management, including the executive director, the chief deputy director, the general counsel, the director of financing, the director of homeownership programs, the director of multifamily programs, the director of enterprise risk management and compliance, and the risk manager, shall be established by the board in the agencys annual budget, in amounts which are reasonably necessary, in the discretion of the board, to attract and hold a person of superior qualifications.(b) (1) To determine the compensation for the positions described in this section, the board shall cause to be conducted, through the use of independent outside advisors, salary surveys of both of the following:(A) Other state and local housing finance agencies that are most comparable to CalHFA.(B) Other relevant labor pools.(2) The salaries so set by the board shall not exceed the highest comparable salary for a position of that type, as determined by the survey.(c) The Department of Human Resources shall review the methodology used in these salary surveys.(d) Members of the board shall not receive a salary but shall be entitled to a per diem allowance of one hundred dollars ($100) for each days attendance at a meeting of the board or a meeting of a committee of the board, not to exceed three hundred dollars ($300) in any month, and reimbursement for expenses incurred in the performance of their duties under this part, including travel and other necessary expenses.
50909. (a) Notwithstanding Sections 19816 and 19825 of the Government Code, the compensation of key exempt management, including the executive director, the chief deputy director, the general counsel, the director of financing, the director of homeownership programs, the director of multifamily programs, the director of enterprise risk management and compliance, and the risk manager, shall be established by the board in the agencys annual budget, in amounts which are reasonably necessary, in the discretion of the board, to attract and hold a person of superior qualifications.(b) (1) To determine the compensation for the positions described in this section, the board shall cause to be conducted, through the use of independent outside advisors, salary surveys of both of the following:(A) Other state and local housing finance agencies that are most comparable to CalHFA.(B) Other relevant labor pools.(2) The salaries so set by the board shall not exceed the highest comparable salary for a position of that type, as determined by the survey.(c) The Department of Human Resources shall review the methodology used in these salary surveys.(d) Members of the board shall not receive a salary but shall be entitled to a per diem allowance of one hundred dollars ($100) for each days attendance at a meeting of the board or a meeting of a committee of the board, not to exceed three hundred dollars ($300) in any month, and reimbursement for expenses incurred in the performance of their duties under this part, including travel and other necessary expenses.
50909. (a) Notwithstanding Sections 19816 and 19825 of the Government Code, the compensation of key exempt management, including the executive director, the chief deputy director, the general counsel, the director of financing, the director of homeownership programs, the director of multifamily programs, the director of enterprise risk management and compliance, and the risk manager, shall be established by the board in the agencys annual budget, in amounts which are reasonably necessary, in the discretion of the board, to attract and hold a person of superior qualifications.(b) (1) To determine the compensation for the positions described in this section, the board shall cause to be conducted, through the use of independent outside advisors, salary surveys of both of the following:(A) Other state and local housing finance agencies that are most comparable to CalHFA.(B) Other relevant labor pools.(2) The salaries so set by the board shall not exceed the highest comparable salary for a position of that type, as determined by the survey.(c) The Department of Human Resources shall review the methodology used in these salary surveys.(d) Members of the board shall not receive a salary but shall be entitled to a per diem allowance of one hundred dollars ($100) for each days attendance at a meeting of the board or a meeting of a committee of the board, not to exceed three hundred dollars ($300) in any month, and reimbursement for expenses incurred in the performance of their duties under this part, including travel and other necessary expenses.
50909. (a) Notwithstanding Sections 19816 and 19825 of the Government Code, the compensation of key exempt management, including the executive director, the chief deputy director, the general counsel, the director of financing, the director of homeownership programs, the director of multifamily programs, the director of enterprise risk management and compliance, and the risk manager, shall be established by the board in the agencys annual budget, in amounts which are reasonably necessary, in the discretion of the board, to attract and hold a person of superior qualifications.
(b) (1) To determine the compensation for the positions described in this section, the board shall cause to be conducted, through the use of independent outside advisors, salary surveys of both of the following:
(A) Other state and local housing finance agencies that are most comparable to CalHFA.
(B) Other relevant labor pools.
(2) The salaries so set by the board shall not exceed the highest comparable salary for a position of that type, as determined by the survey.
(c) The Department of Human Resources shall review the methodology used in these salary surveys.
(d) Members of the board shall not receive a salary but shall be entitled to a per diem allowance of one hundred dollars ($100) for each days attendance at a meeting of the board or a meeting of a committee of the board, not to exceed three hundred dollars ($300) in any month, and reimbursement for expenses incurred in the performance of their duties under this part, including travel and other necessary expenses.