§ 64624. — 64624. (Added by Stats. 2019, Ch. 598, Sec. 1.)

California § 64624.

• Jurisdiction: California
• Code GOV: Government Code - GOV
• Title 6.8.: TITLE 6.8. San Francisco Bay Area Regional Housing Finance
• Part 2.: PART 2. Financing Activities of the Bay Area Housing Finance Authority
• Ch. 2.: CHAPTER 2. Revenue
• Art. 2.: ARTICLE 2. Commercial Linkage Fee

Text

(a)
Except as otherwise provided in subdivision (c), if the executive board adopts a resolution or other legislative enactment establishing or imposing a new commercial linkage fee or approving an increase in an existing commercial linkage fee and the authority board adopts a resolution concurring with the establishment, imposition, or increase of the fee consistent with subdivision (a) of Section 64621, each underlying land use jurisdiction shall, as a condition of approving a commercial development project for which it receives an application for a conditional use permit or other discretionary or ministerial approval, require an applicant to pay the amount of commercial linkage fee established, imposed, or increased by the executive board and the authority board pursuant to this article. The
underlying land use jurisdiction shall provide notice to the applicant that does all of the following:
(1)
Notifies the applicant that the executive board and the authority board have established, increased, or imposed a commercial linkage fee pursuant to this article.
(2)
States the amount of commercial linkage fee established, increased, or imposed by the executive board and the authority board.
(3)
States that the applicant may protest the commercial linkage fee, as provided in Section 64625, and notifies the applicant that the 90-day period for that protest and the 180-day period for filing an action specified in subdivision (c) of Section 64625 has begun.
(b)
Each underlying land use jurisdiction shall collect and, after deduction of any actual and
necessary administrative costs incurred by the underlying land use jurisdiction, remit the amount of commercial linkage fee established, increased, or imposed pursuant to this article to the authority. An underlying land use jurisdiction shall remit the amounts required by this subdivision on or before the last day of the month next succeeding each calendar quarterly period.
(c)
If any amount of commercial linkage fee established, increased, or imposed pursuant to this article is found to be invalid pursuant to Section 64625, each underlying land use jurisdiction shall immediately cease collection of the commercial linkage fee.

Legislative History

Added by Stats. 2019, Ch. 598, Sec. 1. (AB 1487) Effective January 1, 2020.