California Statutes
§ 53314.7. — 53314.7. (Amended by Stats. 2022, Ch. 258, Sec. 23.)
California § 53314.7.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.2.
Title 5.DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES
Part 1.PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES
Ch. 2.5.CHAPTER 2.5. The Mello-Roos Community Facilities Act of 1982
Art. 1.ARTICLE 1. General Provisions
This text of California § 53314.7. (53314.7. (Amended by Stats. 2022, Ch. 258, Sec. 23.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Cal. Government Code - GOV Code § 53314.7. (2026).
Text
(a)Any responsible party as defined by subdivision (a) of Section 78145 of the Health and Safety Code shall be liable to the district for the costs incurred in the removal or remedial action for the cleanup of any hazardous substance released or threatened to be released into the environment. The amount of the costs shall include interest on the costs accrued from the date of expenditure. The interest shall be calculated based on the average annual rate of return on the district’s investment of surplus funds for the fiscal year in which the district incurred the costs. Recovery of costs by a community facilities district under this section shall be commenced before or immediately upon completion of the removal or remedial action, and payments received hereunder by the district shall be
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Legislative History
Amended by Stats. 2022, Ch. 258, Sec. 23. (AB 2327) Effective January 1, 2023. Operative January 1, 2024, pursuant to Sec. 130 of Stats. 2022, Ch. 258.
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Bluebook (online)
California § 53314.7., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/53314.7..