Friday, May 11, 2012

Policy Committees Wrap Up

Today marks the end of the first half of the Capitol’s policy committee frenzy, with all bills (that are still alive) now in Appropriations or headed to the Floor. Members made their annual promises to continue to work on half-baked bills, relying on the deference of members of their own house to keep their measures swimming upstream.  Though the issue still looms large for housers, there was little action in Sacramento on redevelopment this week, with both AB 1585 and SB 654 still in a holding pattern. Monday’s release of the Governor’s May revise promises to be the other shoe that drops. Senator Steinberg made clear publicly that he wants to wait for the annual mid-May revise of the budget (adjusted to reflect actual tax revenues for the year), before deciding the fate of unencumbered housing funds.

 

2011-12 Priority Housing Bills

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