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Consider Recommendations from the Legislative Program Committee meeting of February 19, 2002, as follows: (EST. TIME: 15 MIN.)
a) Support the following legislation to conform State Income and Corporation Tax Laws to provisions of the Federal Economic Growth and Tax Relief Reconciliation Act of 2001: AB 1122 (Corbett), AB 1743 (Campbell), AB 1744 (Corbett), SB 657 (Scott), and SB 1256 (Brulte). Note: Committee voted unanimously to support these bills (Attachment 1);
b) Watch AB 680 (Steinberg) Sacramento Regional Smart Growth Act of 2002. AB 680 reallocates the Bradley-Burns sales tax revenue growth, above the 2002 base amount, within the Sacramento region on the following basis: one third to the City or County where the tax is generated (situs), one-third on a per capita basis (population), and one-third based on "housing eligibility". Housing eligibility is defined within the bill with criteria that must be met for a City or County to receive this one-third share. Note: Committee voted unanimously to "carefully" watch this bill (Attachment 2).
COUNTY ADMINISTRATOR'S RECOMMENDATION: APPROVE
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