Authorize the issuance of conduit revenue bonds under the Community Development Law

Summary

The measure would allow cities and other authorities to sell conduit revenue bonds to raise money for redevelopment, and it adds new steps for declaring an area "extremely blighted" and for reporting on redevelopment plans. It impacts local governments, taxpayers and developers by expanding financing tools and creating public‑hearing and reporting requirements. The bill was indefinitely postponed and did not become law.

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