Earlier editions: 2020-112018-112026-09
DIVISION 24. COMMUNITY DEVELOPMENT AND HOUSING 33000-37964›PART 1.85. DISSOLUTION OF REDEVELOPMENT AGENCIES AND DESIGNATION OF SUCCESSOR AGENCIES 34170-34191.6›CHAPTER 5. Duties of the Auditor-Controller 34182-34188.8
§ 34185
California Health and Safety Code · 2026-10 edition · updated 2026-10-04 · California
Commencing on June 1, 2012, and on each January 2 and June 1 thereafter, the county auditor-controller shall transfer, from the Redevelopment Property Tax Trust Fund of each successor agency into the Redevelopment Obligation Retirement Fund of that agency, an amount of property tax revenues equal to that specified in the Recognized Obligation Payment Schedule for that successor agency as payable from the Redevelopment Property Tax Trust Fund subject to the limitations of subdivision (l) of Section 34177 and Section 34183.
(Amended by Stats. 2012, Ch. 26, Sec. 27. (AB 1484) Effective June 27, 2012.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code