• February 15, 2017

What is Assembly Bill (AB) 1290?

What is Assembly Bill (AB) 1290?

What is Assembly Bill (AB) 1290? 150 150 Auditor-Controller

AB 1290 is the Community Redevelopment Law Reform Act of 1993, which became effective on January 1, 1994. Among many of the changes enacted by AB 1290 was the elimination of tax sharing agreements and implementation of statutory reimbursement to all taxing entities. Mandatory reimbursement payment is required for projects adopted or amended on or after January 1, 1994.

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