CHAPTER 9. Adaptive Reuse Investment Incentive Program

Chapter 9 added by Stats. 2025, Ch. 493, Sec. 2.

§§ 51299–51299.4 · 5 sections

• § 51299 It is the intent of the Legislature in enacting this chapter to provide cities and counties with opportunities to adaptively reuse existing buildings, such as…
• § 51299.1 For purposes of this chapter: (a) “Adaptive reuse investment incentive funds” means, with respect to a qualified adaptive reuse project property for a relevant…
• § 51299.2 (a) Commencing in the 2026–27 fiscal year, the governing body of a city or county, or city and county, may, by ordinance or resolution, establish an adaptive…
• § 51299.3 A city or special district may pay to the city or county, or city and county, an amount equal to the amount of ad valorem property tax revenue allocated to…
• § 51299.4 This chapter shall become operative on July 1, 2026.