Exempt surplus land: locally owned land

Existing law, the Property and Business Improvement District Law of 1994, authorizes local governmental entities to establish a property and business improvement district to levy assessments on properties and businesses within the district for the purpose of financing certain improvements and promoting activities that benefit property in the district. Existing law requires the California Environmental Protection Agency to identify disadvantaged communities for investment opportunities from the Greenhouse Gas Reduction Fund and for other purposes.

This bill would define "exempt surplus land" to include surplus land that is owned by a local agency and is located within a property and business improvement district designated pursuant to the Property and Business Improvement District Law of 1994 and a disadvantaged community identified by the California Environmental Protection Agency pursuant to the above-referenced provisions.