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Bill aims to close Mello-Roos loophole that let some parcels avoid infrastructure fees
Summary
Senate Bill 390 would change how some properties subject to partial conservation easements are treated under the Mello-Roos rules so those properties contribute to local infrastructure financing.
Senate Bill 390 would amend provisions of the Mello-Roos Community Facilities Act to address what the author described as an unintended gap that allowed fully developed commercial properties subject to partial conservation easements to avoid paying into community facilities district (CFD) financing for infrastructure.
"This bill addresses an unintended gap in the Mello Roos Act that allows fully developed commercial properties with partial conservation easements…
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