California Health and Safety Code

§ 33607.8

HSC § 33607.8 Effective Jan 1, 1996Div. 24 · Part 1 · Ch. 6 · Art. 1

Statute text

(a)Notwithstanding any other provision of law, a redevelopment agency may make payments from tax increment funds to an affected taxing entity that is a state water supply contractor in accordance with both of the following requirements:

(1)The payment shall not exceed the amount that, but for the activities of the redevelopment agency, otherwise would have been received by the affected taxing entity pursuant to a tax that was originally approved by the state’s voters prior to July 1, 1978.

(2)The payments shall be made for the purpose of funding the payments of the state water supply contractor pursuant to its water supply contract with the Department of Water Resources for the costs of building, operating, maintaining, and replacing the State Water Resources Development System.

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Legislative history

Added by Stats. 1995, Ch. 137, Sec. 1. Effective January 1, 1996.