CaliforniaOnce effective, San Francisco’s agency may extend Transbay revenue pledges with board approval
Once effective, San Francisco’s successor agency may work with the city and Transbay Joint Powers Authority to extend revenue pledges for required Transbay infrastructure, if its oversight board approves.
What it does
Once effective, San Francisco’s successor agency could, with oversight board approval, arrange with the city and Transbay Joint Powers Authority to pledge sales proceeds and limited property tax revenue longer for required Transbay infrastructure.
Argument forOnce effective and with oversight board approval, longer revenue pledges could help San Francisco’s agency borrow for required Transbay infrastructure.
Argument againstOnce effective and with oversight board approval, longer revenue pledges might limit the agency’s spending choices for more years.
More detail
Once effective, San Francisco’s successor agency may arrange longer revenue pledges with oversight board approval. The arrangements involve the city and Transbay Joint Powers Authority to finance infrastructure required by the Transbay Implementation Agreement. The property tax portion excludes city administrative costs, money reserved for affordable housing, required government and state payments, and school payments after the current pledge ends.
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Where it stands
- Introduced
- Passed Assembly
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 30Chaptered by Secretary of State - Chapter 932, Statutes of 2026.Latest
- Sep 30Approved by the Governor Gavin Newsom.Became Law
- Aug 31Enrolled and presented to the Governor at 4 p.m.To Governor
- Aug 25Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 75. Noes 0. Page 6509.).Major
- Vote recorded AB 2308 Haney Concurrence in Senate Amendments. Result: pass.Lower
- Vote recorded 3rd Reading AB2308 Haney By Wiener. Result: pass.Upper
- Aug 25In Assembly. Concurrence in Senate amendments pending.
- Aug 25Read third time. Passed. Ordered to the Assembly. (Ayes 30. Noes 10.).Passed Senate
- Aug 6Read second time. Ordered to third reading.Minor
- Aug 5Ordered to second reading.Minor
- Aug 5Withdrawn from committee.Major
- Aug 4From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on APPR.Major
- Jun 10From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 1.) (June 10). Re-referred to Com. on APPR.Minor
- Vote recorded Do pass, but first be re-referred to the Committee on [Appropriations]. Result: pass.Upper
- Jun 3From committee chair, with author's amendments: Amend, and re-refer to committee. Read second time, amended, and re-referred to Com. on L. GOV.Major
- May 20Referred to Coms. on L. GOV. and APPR.Minor
- May 7In Senate. Read first time. To Com. on RLS. for assignment.Minor
- Vote recorded AB 2308 Haney Consent Calendar Second Day. Result: pass.Lower
- May 7Read third time. Passed. Ordered to the Senate. (Ayes 66. Noes 0. Page 4967.)Passed Assembly
- Apr 30Read second time. Ordered to Consent Calendar.Minor
- Apr 29From committee: Do pass. To Consent Calendar. (Ayes 12. Noes 0.) (April 29).Minor
- Vote recorded Do pass. To Consent Calendar. Result: pass.Lower
- Apr 16From committee: Do pass and re-refer to Com. on H. & C.D. (Ayes 10. Noes 0.) (April 15). Re-referred to Com. on H. & C.D.Minor
- Apr 15
- Vote recorded Do pass and be re-referred to the Committee on [Housing and Community Development]. Result: pass.Lower
- Mar 9Referred to Coms. on L. GOV. and H. & C.D.Minor
- Feb 20From printer. May be heard in committee March 22.
- Feb 19Read first time. To print.Introduced
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