California Capital City Downtown Revitalization Act establishes a special district for infrastructure financing in downtown Sacramento.

The California Capital City Downtown Revitalization Act allows the City or County of Sacramento to create a special district for infrastructure financing in downtown Sacramento. This district can collect taxes on property within its boundaries to fund infrastructure projects. The act specifies how tax revenues are allocated, ensuring that certain funds are excluded from the district's use. The act also details the conditions under which the district can utilize various revenue sources and how it interacts with other local taxing entities and redevelopment agencies.

California Capital City Downtown Revitalization Act establishes a special district for infrastructure financing in downtown Sacramento.

The California Capital City Downtown Revitalization Act allows the City or County of Sacramento to create a special district for infrastructure financing in downtown Sacramento. This district can collect taxes on property within its boundaries to fund infrastructure projects. The act specifies how tax revenues are allocated, ensuring that certain funds are excluded from the district's use. The act also details the conditions under which the district can utilize various revenue sources and how it interacts with other local taxing entities and redevelopment agencies.