California AB2181 modifies density bonus requirements for hotels and motels.

California AB2181 adds a new section to the Government Code, altering the requirements for obtaining a density bonus for hotels and motels. Specifically, it states that land improved with an operating hotel or motel cannot be valued based on density bonuses unless those bonuses are entitled and vested as of the valuation date. This includes the issuance of all required discretionary land use approvals and permits.

California AB2181 modifies density bonus requirements for hotels and motels.

California AB2181 adds a new section to the Government Code, altering the requirements for obtaining a density bonus for hotels and motels. Specifically, it states that land improved with an operating hotel or motel cannot be valued based on density bonuses unless those bonuses are entitled and vested as of the valuation date. This includes the issuance of all required discretionary land use approvals and permits.