reglab/housing_qa huggingface dataset:
CA Pub Res Code § 5936.5 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 5.8 - CALIFORNIA WILDLIFE, COASTAL, AND PARK LAND CONSERVATION ACT|CHAPTER 4 - Fiscal Provisions|Section 5936.5.

5936.5.  Notwithstanding any other provision of this bond act, or of the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2 of the Government Code), if the Treasurer sells bonds pursuant to this bond act that include a bond counsel opinion to the effect that the interest on the bonds is excluded from gross income for federal tax purposes under designated conditions, the Treasurer may maintain separate accounts for the bond proceeds invested and the investment earnings on those proceeds, and may use or direct the use of those proceeds or earnings to pay any rebate, penalty, or other payment required under federal law, or take any other action with respect to the investment and use of those bond proceeds, as may be required or desirable under federal law in order to maintain the tax-exempt status of those bonds and to obtain any other advantage under federal law on behalf of the funds of this state.(Added by Stats. 1991, Ch. 652, Sec. 25.)
CA Pub Res Code § 5937 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 5.8 - CALIFORNIA WILDLIFE, COASTAL, AND PARK LAND CONSERVATION ACT|CHAPTER 4 - Fiscal Provisions|Section 5937.

5937.  All money derived from premium and accrued interest on bonds sold shall be reserved and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.(Added June 7, 1988, by initiative Proposition 70.)
CA Pub Res Code § 5938 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 5.8 - CALIFORNIA WILDLIFE, COASTAL, AND PARK LAND CONSERVATION ACT|CHAPTER 4 - Fiscal Provisions|Section 5938.

5938.  The people of California hereby find and declare that, inasmuch as the proceeds from the sale of bonds authorized by this division are not “proceeds of taxes” as that term is used in Article XIII B of the California Constitution, the disbursement of these proceeds is not subject to the limitation imposed by that article.(Added June 7, 1988, by initiative Proposition 70.)
CA Pub Res Code § 8600 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 1 - General Provisions|Section 8600.

8600.  This division shall be known and may be cited as the Kapiloff Land Bank Act.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8601 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 1 - General Provisions|Section 8601.

8601.  Unless the context otherwise requires, the definitions in this section govern the construction of this division.(a) “Commission” means the State Lands Commission.(b) “Fund” means the Land Bank Fund created pursuant to Section 8610.(c) “Trustee” means the State Lands Commission acting in its role as trustee for the Land Bank Fund.(d) “Title settlements” means exchanges pursuant to Sections 6307 and 6307.1 and any agreements between the commission and others as a part of, or in lieu of, litigation in compromise settlements of public trust title questions, including real property exchanges, boundary determinations, or other means leading to a resolution of those questions and the necessary conveyances or other documentation provided by the agreements.(e) “Mitigation” means any measure to mitigate adverse environmental impacts that are lawfully imposed as a condition to the issuance of a permit or other authorization to undertake a project.(f) “Project” means, for purposes of mitigation only, any improvement to real property that adversely impacts existing or former wetlands.(Amended by Stats. 2002, Ch. 432, Sec. 2. Effective January 1, 2003.)
CA Pub Res Code § 8602 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 1 - General Provisions|Section 8602.

8602.  The Legislature finds and declares as follows:(a) Wetlands are essential to the environmental, economic, and social well-being of the people of the State of California.(b) In many instances, uncertainty and disputes exist with respect to the existence or nonexistence of a public trust right, title, or interest within or along waterways of the state. This uncertainty results in impeding both the development of these lands by owners of the private property interests and preservation and public use of public trust lands, and, therefore, in the interest of protecting, enhancing, and preserving the public trust on the one hand, while permitting reasonable use and development where appropriate on the other hand, title settlements will result in the avoidance of substantial delays, uncertainties, and cost to all parties of protracted litigation, and constitute sound public policy.(c) State policy requires the examination of mitigation measures for all projects having a potentially significant adverse impact on the environment.(d) State law further requires the adoption of mitigation measures for projects having a significant impact on certain environmentally sensitive areas, including wetlands.(e) So that projects can be expeditiously commenced and completed, it is in the state’s interest to facilitate their completion through the provisions of this division.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8610 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 2 - Land Bank Fund|Section 8610.

8610.  (a) There is in the State Treasury the Land Bank Fund, which fund is hereby created. All moneys in the fund are appropriated to the commission for expenditure, without regard to fiscal years, for the purposes of Section 8625. When performing the powers and duties set forth in this division, the commission shall be known as the Land Bank Trustee.(b) (1) The Martins Beach Subaccount is hereby created in the fund. Moneys received from public or private sources, including nonprofit sources, to be used for the creation of a public access route to and along the shoreline, including the sandy beach, at Martins Beach at the South Cabrillo Highway pursuant to Section 6213.5 shall be deposited into the subaccount and be continuously appropriated to and expended by the commission to acquire that right-of-way or easement, either in accordance with the procedures set forth in Title 7 (commencing with Section 1230.010) of Part 3 of the Code of Civil Procedure, or through a negotiated agreement, and for costs associated with that acquisition, including, but not limited to, environmental studies, analyses, and assessments, and associated improvements and maintenance costs, in accordance with the following priority:(A) Moneys received from public or private sources, including nonprofit sources, that are deposited into the subaccount shall first be expended by the commission for the creation of that public access route, and any associated improvements and maintenance costs.(B) The commission may also transfer moneys from the fund to the subaccount, not to exceed a maximum of one million dollars ($1,000,000), and expend those moneys for the creation of that public access route and associated improvements and maintenance costs, after moneys received pursuant to subparagraph (A) have been used.(2) The commission may deposit into the subaccount and expend moneys received from the County of San Mateo pursuant to an appropriation by the county for the purposes of this subdivision.(3) The commission may, pursuant to Section 6213.5, acquire the right-of-way or easement necessary for the creation of the public access route, as prescribed in paragraph (1). Nothing in this paragraph prevents the commission from acquiring the right-of-way or easement through a negotiated agreement.(4) General Fund contributions to the subaccount shall be segregated and separately accounted for.(Amended by Stats. 2018, Ch. 51, Sec. 31. (SB 854) Effective June 27, 2018.)
CA Pub Res Code § 8611 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 2 - Land Bank Fund|Section 8611.

8611.  The commission shall be responsible for carrying out the provisions of this division.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8612 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 2 - Land Bank Fund|Section 8612.

8612.  The trustee is authorized to acquire real property or any interest in real property for the purposes of facilitating title settlements and, with respect to a project requiring mitigation, to facilitate such mitigation.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8612.5 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 2 - Land Bank Fund|Section 8612.5.

8612.5.  The trustee is authorized to manage and improve real property for purposes of providing open space, habitat for plants and animals, and public access.(Added by Stats. 1991, Ch. 286, Sec. 1.)
CA Pub Res Code § 8613 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 2 - Land Bank Fund|Section 8613.

8613.  (a) Moneys in the fund shall be available for expenditure by the trustee to purchase outstanding interests in tide and submerged lands whether or not they have been filled, diked, or cut off from tidal waters, lands which have been or may be converted to wetlands, or adjoining or nearby lands where the public use and ownership of the land is necessary or extremely beneficial for furtherance of public trust purposes.(b) Moneys deposited in the fund pursuant to subdivision (b) or (c) of Section 8625 shall be available for expenditure by the trustee for management and improvement of real property held by the trustee to provide open space, habitat for plants and animals, and public access.(c) Notwithstanding any other law, the Controller may use the moneys in the Land Bank Fund for loans to the General Fund as provided in Sections 16310 and 16381 of the Government Code. However, interest shall be paid on all moneys loaned to the General Fund from the Land Bank Fund. Interest payable shall be computed at a rate determined by the Pooled Money Investment Board to be the current earning rate of the fund from which loaned. This subdivision does not authorize any transfer that will interfere with the carrying out of the object for which the Land Bank Fund was created.(Amended by Stats. 2009, 3rd Ex. Sess., Ch. 9, Sec. 18. Effective February 20, 2009.)
CA Pub Res Code § 8614 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 2 - Land Bank Fund|Section 8614.

8614.  The acquisition and subsequent management of the real property shall be consistent with the San Francisco Bay Plan specified in Section 66603 of the Government Code, the Suisun Marsh Protection Plan as defined in Section 29113 of the Public Resources Code, and any land use plan of a local agency, including, but not limited to, a port district, regional park, park and open-space, or open-space district, or recreation and park district, whose jurisdiction includes in whole or in part the acquired real property.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8615 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 2 - Land Bank Fund|Section 8615.

8615.  The trustee shall act only at an open, scheduled public meeting, subject to all provisions of Division 6 (commencing with Section 6000) relating to meetings of the commission. The trustee may combine its meetings with the meetings of the commission.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8616 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 2 - Land Bank Fund|Section 8616.

8616.  The provisions of this division are not intended as exclusive, and shall not restrict the commission in otherwise meeting its responsibilities for resolving title disputes in lieu of litigation or in settlement of litigation, in whole or in part, by land bank agreements, or otherwise, or any other responsibilities and jurisdiction the commission may presently have by law.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8617 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 2 - Land Bank Fund|Section 8617.

8617.  The trustee is authorized to accept gifts of real property or money for the purposes of this division.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8618 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 2 - Land Bank Fund|Section 8618.

8618.  (a) On or before January 2 of each year, the trustee shall prepare and submit to the Governor and the Legislature a report describing its progress in achieving the objectives of this division, including the status of property acquisitions and an accounting of the moneys in the fund.(b) The report to the Legislature required pursuant to this section shall be prepared in compliance with Section 9795 of the Government Code.(Amended by Stats. 2018, Ch. 742, Sec. 14. (SB 1493) Effective January 1, 2019.)
CA Pub Res Code § 8620 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8620.

8620.  Acquisitions may be made by negotiated agreement with the owners of the outstanding interests. No provision of this division is intended to confer any authority to exercise the power of eminent domain for the purposes of this division.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8621 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8621.

8621.  The purchase price shall not exceed the fair market value of the outstanding interests to be acquired. Prior to any such acquisition the trustee shall review the evidence and applicable law and shall determine whether the state may have any right, title, or interest therein and deduct from the economic value of the acquisition the value of any such state interest.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8622 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8622.

8622.  As soon as practicable after initiating a title and parcel acceptability study for possible acquisition pursuant to this division, the trustee shall mail a “Notice of Potential Land Bank Acquisition” to the Department of Fish and Wildlife, the San Francisco Bay Conservation and Development Commission, the State Coastal Conservancy, the district office of the United States Army Corps of Engineers for the district in which the real property is located, other persons, entities, or public agencies who have previously requested to be placed on the mailing list for the notices, and any others deemed appropriate by the trustee. The notice shall contain a “Plat of Potential Land Bank Parcel,” showing the approximate location, character, and size of the parcel.(Amended by Stats. 2018, Ch. 742, Sec. 15. (SB 1493) Effective January 1, 2019.)
CA Pub Res Code § 8623 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8623.

8623.  The trustee shall make all reasonable attempts to acquire the mineral and other subsurface rights in any acquisition pursuant to this division. In the event the trustee is unable to acquire the mineral and other subsurface rights, the trustee may purchase the parcel subject to the reserved subsurface rights upon the trustee expressly finding that: (1) a reasonable attempt has been made to acquire the subsurface rights without success, (2) it is unlikely that the subsurface rights can be acquired within the provisions of this division, (3) the outstanding subsurface rights are not likely to unreasonably damage or interfere with the contemplated public trust uses for the parcel, and (4) the public benefits to be derived from acquisition are so substantial that acquisition of the parcel without the subsurface rights is in the best interests of the state for the public purposes set forth in this division.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8624 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8624.

8624.  The trustee shall have the exclusive jurisdiction and authority to administer the fund and the interests in real property acquired pursuant to this division, including the selection, acquisition, and conveyance of real property by the trustee as provided in this division, provided that the trustee shall solicit and consider the comments and recommendations of other state, federal, and local public agencies and members of the public, prior to any such selection, acquisition, and conveyance.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8625 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8625.

8625.  (a) The consideration passing to the state in title settlements may consist, in whole or in part, of monetary payments to the trustee for deposit into the fund that are subject to a statutory trust limiting their use exclusively to the purchase of interests in a Land Bank Fund parcel and conveyance of those interests to the state pursuant to Section 8626 as soon as practicable thereafter.(b) A project applicant may donate moneys for deposit to the fund for purposes of mitigation with the approval of the agency responsible for approving the project and the trustee shall accept the donation if land is held by the trustee for those purposes. A donation so deposited is subject to a statutory trust limiting its use exclusively to the identified mitigation.(c) Any party may deposit moneys into the fund for purposes of specified or unspecified projects to provide for access to or management and improvement of real property held by the trustee to provide open space, habitat for plants and animals, and public access.(Amended by Stats. 2010, Ch. 159, Sec. 2. (SB 1488) Effective January 1, 2011.)
CA Pub Res Code § 8626 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8626.

8626.  Upon acceptance of a conveyance pursuant to Section 8627 the trustee shall thereafter convey to the state a parcel or other interest therein, whose economic value determined pursuant to Section 8621 is equal to the payment made.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8627 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8627.

8627.  The state, in its sovereign capacity, shall accept any such conveyance, and the land shall thereafter be held by the state as land of the legal character of tide and submerged lands subject to the public trust under the jurisdiction of the commission pursuant to the provisions of Division 6 (commencing with Section 6001).(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8628 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8628.

8628.  The commission shall accept the conveyances on the part of the state and shall authorize their acknowledgment and recordation.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8629 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8629.

8629.  Until expended for acquisitions in accordance with the provisions of this division, moneys in the fund shall be deposited in the Pooled Money Investment Fund and the interest deposited in the fund.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8630 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8630.

8630.  In addition to the purchase price to be paid, the costs and expenses attributable to the acquisition may be payable from the fund, provided that such costs shall not exceed 5 percent of the expended funds.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8631 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8631.

8631.  The provisions of this division shall not be subject to the provisions of the California Environmental Quality Act (commencing with Section 21000 of the Public Resources Code), the Subdivision Map Act (commencing with Section 66410 of the Government Code), or the Property Acquisition Law (commencing with Section 15850 of the Government Code).(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8632 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8632.

8632.  Nothing in this division shall be construed to impair the ability of any other state agency from acquiring lands for wetlands restoration and enhancement.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8633 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7 - KAPILOFF LAND BANK ACT|CHAPTER 3 - Administration|Section 8633.

8633.  Nothing in this division relieves the trustee or its successors in interest from any requirement to obtain state permits, licenses, or approvals otherwise required for work, activities, or uses conducted on any real property acquired pursuant to this division.(Added by Stats. 1982, Ch. 1471, Sec. 1.)
CA Pub Res Code § 8700 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7.7 - School Lands|CHAPTER 1 - School Land Bank Act|Section 8700.

8700.  This division shall be known and may be cited as the School Land Bank Act. (Added by Stats. 2011, Ch. 485, Sec. 2. (AB 982) Effective January 1, 2012.)
CA Pub Res Code § 8701 (2021)
2021 California Code|Public Resources Code - PRC|DIVISION 7.7 - School Lands|CHAPTER 1 - School Land Bank Act|Section 8701.

8701.  The Legislature finds and declares as follows:(a) Past policies of the state have resulted in significant depletion of the inventory of lands granted by the federal government to provide fiscal support for the public school system.(b) It is essential that all remaining school lands and attendant interests be managed and enhanced to provide an economic base for support of the public school system.(c) The commission shall plan and implement all transactions, including exchanges, sales, and acquisitions which would facilitate the management of school land interests for revenue generating purposes.(d) The state, through the commission, shall take all action necessary to fully develop school lands, indemnity interests, and attendant mineral interests into a permanent and productive resource base.(e) It is in the best interest of the state that school lands be managed as a revenue source and it is the intent of the Legislature that fair market value be a primary criterion in determining if proposed uses or dispositions of land should be approved.(f) The consolidation of school land parcels into contiguous holdings is essential to sound and effective management and the power to acquire lands by exchange or purchase is elemental to the consolidation process.(Added by Stats. 2011, Ch. 485, Sec. 2. (AB 982) Effective January 1, 2012.)