Legislative Update – SB 628 (Beall) Enhanced Infrastructure Financing Districts

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California may have found a way to meet its growing infrastructure demand in Senate Bill 628 (Beall) – legislation that will allow local governments to form new Enhanced Infrastructure Financing Districts (EIFDs) that brings back some of the former powers of the state’s abolished redevelopment districts. After supporting SB 628 throughout the year, Larry Kosmont, in partnership…