Cal. Codes » Health and Safety Code / DIVISION 24. COMMUNITY DEVELOPMENT AND HOUSING / PART 1.85. DISSOLUTION OF REDEVELOPMENT AGENCIES AND DESIGNATION OF SUCCESSOR AGENCIES / CHAPTER 1. Effective Date, Creation of Funds, and Definition of Terms
California Codes

Cal. Health and Safety Code § 34170.5 (2026)

Effective Date, Creation of Funds, and Definition of Terms

✓ leginfo export of Sept. 26, 2026 (applied Oct. 1, 2026)
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(a)The successor agency shall create within its treasury a Redevelopment Obligation Retirement Fund to be administered by the successor agency.

(b)The county auditor-controller shall create within the county treasury a Redevelopment Property Tax Trust Fund for the property tax revenues related to each former redevelopment agency, for administration by the county auditor-controller.