The limitations for AB1290 projects are as follows:
Post 1994 Projects pursuant to H&S Code Section 33607.5:
- Incurring Debt - 20 years from Plan adoption.
- Redevelopment Activities - 30 years from Plan adoption.
- Time for Receipt of Tax Increment - 45 years from Plan adoption.
- Eminent domain - 12 years from Plan adoption (may be extended through Plan amendment).
Pre 1994 Projects pursuant to H&S Code Section 33607.5:
- Incurring Debt - 20 years from Plan adoption or January 1, 2004, whichever is later (with SB 211, the Agency may eliminate time limit for incurring debt).
- Redevelopment Activities - 40 years from Plan adoption or January 1, 2009, whichever is later (may extend for up to 3 additional years with amendment per SB 1045 = 1 year and SB 1096 = up to 2 years).
- Time for Receipt of Tax Increment - 10 years from Plan Effectiveness.
- Must have Tax Increment dollar limit.
- Eminent domain - 12 years from Plan adoption (may be extended through Plan amendment).