California Health and Safety Code

§ 33681.9

HSC § 33681.9 Effective Sep 2, 2003Div. 24 · Part 1 · Ch. 6 · Art. 7

Statute text

(a)(1) During the 2003–04 fiscal year, a redevelopment agency shall, prior to May 10, remit an amount equal to the amount determined for that agency pursuant to subparagraph (I) of paragraph (2) to the county auditor for deposit in the county’s Educational Revenue Augmentation Fund created pursuant to Article 3 (commencing with Section 97) of Chapter 6 of Part 0.5 of Division 1 of the Revenue and Taxation Code.

(2)For the 2003–04 fiscal year, on or before October 1, the Director of Finance shall do all of the following:

(A)Determine the net tax increment apportioned to each agency pursuant to Section 33670, excluding any amounts apportioned to affected taxing agencies pursuant to Section 33401, 33607.5, or 33676, in the 2001–02 fiscal year.

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Legislative history

Added by Stats. 2003, Ch. 260, Sec. 4. Effective September 2, 2003.