{"code":"GOV","codeName":"Government Code","section":"62255","citation":"Gov. Code, § 62255","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 6. DISTRICTS [58000. - 62464.]","url":"https://blackletter.si/government-code/title-6"},{"name":"DIVISION 5. Affordable Housing Authorities [62250. - 62262.]","url":"https://blackletter.si/government-code/title-6/division-5"}],"history":"Amended by Stats. 2018, Ch. 862, Sec. 6.   (AB 2035)   Effective January 1, 2019.","effective":"2019-01-01","html":"<p>Commencing in the calendar year in which the authority has allocated a cumulative total of more than one million dollars ($1,000,000) in property tax increment revenues pursuant to subdivision (a) of Section <a href=\"/gov/62253\">62253</a> or other revenues pursuant to subdivision (b) of Section <a href=\"/gov/62253\">62253</a>, including any proceeds of a debt issuance, and each year thereafter, the authority shall contract for an independent audit conducted in accordance with generally accepted governmental auditing standards.</p>","text":"Commencing in the calendar year in which the authority has allocated a cumulative total of more than one million dollars ($1,000,000) in property tax increment revenues pursuant to subdivision (a) of Section 62253 or other revenues pursuant to subdivision (b) of Section 62253, including any proceeds of a debt issuance, and each year thereafter, the authority shall contract for an independent audit conducted in accordance with generally accepted governmental auditing standards.","otherVersions":[],"url":"https://blackletter.si/government-code/affordable-housing-authorities-62255","source":"California Legislative Information bulk export (pubinfo)"}