Current through 2024 Legislative Session
Section 53738 - [See Note] Definitions For purposes of this article:
(a) "ACA 1 bonded indebtedness" means bonded indebtedness incurred by a local government pursuant to paragraph (4) of subdivision (b) of Section 1 of Article XIII A of the California Constitution.(b) "Audits" means the annual independent performance audit and the annual independent financial audit conducted by a local government pursuant to clauses (iv) and (v) of subparagraph (A) of paragraph (4) of subdivision (b) of Section 1 of Article XIII A of the California Constitution.(c) "Citizens' oversight committee" means a citizens' oversight committee appointed to oversee proceeds from ACA 1 bonded indebtedness.(d) "Local government" means any county, city, city and county, including a charter city or county, any special district, a transit district, a regional transportation commission, or an association of governments, except that "local government" does not include a school district, redevelopment agency, or successor agency to a dissolved redevelopment agency.Added by Stats 2024 ch 155 (AB 2813),s 1, eff. 7/18/2024operative only if Assembly Constitutional Amendment 1 of the 2023-24 Regular Session is approved by the voters..