Cal. Health & Saf. Code § 34185

Current through the 2023 Legislative Session.
Section 34185 - Transfer of property tax revenues

Commencing on June 1, 2012, and on each January 2 and June 1 thereafter, the county auditor-controller shall transfer, from the Redevelopment Property Tax Trust Fund of each successor agency into the Redevelopment Obligation Retirement Fund of that agency, an amount of property tax revenues equal to that specified in the Recognized Obligation Payment Schedule for that successor agency as payable from the Redevelopment Property Tax Trust Fund subject to the limitations of subdivision (l) of Section 34177 and Section 34183.

Ca. Health and Saf. Code § 34185

Amended by Stats 2012 ch 26 (AB 1484),s 27, eff. 6/27/2012.
Added by Stats 2011 ch 5 (AB X1-26),s 7, eff. 6/28/2011.