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THE CITY OF t�.. ATTACHMENT 4 L£ASANTON0 2019 Monitored Legislation Assembly Bill/ Summary Guiding Principle CASA Compact Senate Bill less than 100% of the area median income, the bill would require the applicant agree to pay a fee equal to 10% of the difference between the actual initial sales price or initial rent and the sales price or rent that would be affordable, as provided. The bill would require the city or county to deposit the fee into a separate fund reserved for the construction or preservation of housing with an affordable housing cost or affordable rent to households with a household income less than 50% of the area median income. AB 1367 States the intent of the Legislature to Housing (Brough) enact legislation to encourage live- Housing: live- work units. work units AB 1386 (Chen) Existing law, the Mitigation Fee Act, Housing Element#6 Residential fees prohibits a local agency that imposes Government and charges fees or charges on a residential Fiscal Sustainability Reforms to development for the construction of Housing Approval public improvements or facilities from Process requiring the payment of those fees or charges until the date of the final inspection or the date the certificate of occupancy is issued, whichever occurs first, except that the payment may be required sooner when the fees or charges are to reimburse the local agency for previously made expenditures, or when the local agency determines that an account has been established, funds have been appropriated for the public improvements or facilities, and the local agency has adopted a proposed construction schedule or plan prior to final inspection or issuance of the certificate of occupancy. This bill would delete the above-described authorization for a local agency to require payment of fees or charges prior to the date of final inspection or issuance of the L 14