California Statutes
§ 62255. — 62255. (Amended by Stats. 2018, Ch. 862, Sec. 6.)
California·Code GOV Government Code - GOV·Div. 5.·Title 6. DIVISION 5. Affordable Housing Authorities
Commencing in the calendar year in which the authority has allocated a cumulative total of more than one million dollars ($1,000,000) in property tax increment revenues pursuant to subdivision (a) of Section 62253 or other revenues pursuant to subdivision (b) of Section 62253, including any proceeds of a debt issuance, and each year thereafter, the authority shall contract for an independent audit conducted in accordance with generally accepted governmental auditing standards.
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California § 62255. (62255. (Amended by Stats. 2018, Ch. 862, Sec. 6.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2018, Ch. 862, Sec. 6. (AB 2035) Effective January 1, 2019.