ACA 10 (Aguiar-Curry D) Local government financing: affordable housing and public infrastructure: voter approval.

Current Text: Chaptered: 6/27/2024 

Last Amend: 6/20/2024

Status: 6/27/2024-Chaptered by Secretary of State - Chapter 134, Statutes of 2024

Location: 6/27/2024-A. CHAPTERED

Summary: Assembly Constitutional Amendment No. 1 of the 2023–24 Regular Session (ACA 1) would, if adopted by the people, amend Section 4 of Article XIIIA, Section 2 of Article XIIIC, and Section 3 of Article XIIID of, and would add Section 2.5 of Article XIIIC to, the California Constitution, relative to local finance. Under these provisions, ACA 1 would condition the imposition, extension, or increase of a sales and use tax or transactions and use tax imposed in accordance with specified law or a parcel tax by a local government for the purposes of funding the construction, reconstruction, rehabilitation, or replacement of public infrastructure, affordable housing, including downpayment assistance, or permanent supportive housing, or the acquisition or lease of real property for those purposes, on the proposition proposing that tax being approved by a majority vote of the membership of the governing board of the local government and by 55% of its voters voting on the proposition and the proposition includes specified accountability requirements. ACA 1 would also make conforming changes. This measure would remove the above-described provisions of ACA 1 relating to special taxes and make conforming changes in other provisions of ACA 1.