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THE CITY 0� .._h 1 1 ATTACHMENT 4 - -.. 1111110 111 DL-EASA\TON. 2019 Monitored Legislation Assembly Bill/ Summary Guiding Principle CASA Compact Senate Bill zone, very high fire hazard severity zone, or flood plain. The bill would not apply to developments that would require the demolition of specified types of affordable housing. The bill would require a development subject to these provisions to comply with specified prevailing wage and skilled and trained workforce requirements. This bill would include findings that the changes proposed by this bill address a matter of statewide concern rather than a municipal affair and, therefore, apply to all cities within the San Francisco Bay area, including charter , cities. This bill would make legislative findings and declarations as to the necessity of a special statute for the San Francisco Bay Area. By requiring local agencies to provide specified financial incentives to eligible housing developments, this bill would impose a state-mandated local program. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that no reimbursement is required by this act for a specified reason. AB 1734 (Chiu) Existing property tax law, in Housing Property accordance with the California taxation: welfare Constitution, provides for a "welfare exemption: exemption"for property used rental housing: exclusively for religious, hospital, moderate scientific, or charitable purposes and income housing that is owned or operated by certain types of nonprofit entities, if certain qualifying criteria are met. Under existing property tax law, property that meets these requirements that is used exclusively for rental housing and related facilities is entitled to a partial exemption, equal to that percentage of the value of the property that is equal 22