File #: 24-388    Version: 1 Name:
Type: Action Item Status: Agenda Ready
File created: 3/28/2024 In control: BOARD OF SUPERVISORS
On agenda: 4/2/2024 Final action:
Title: 10:30 A.M. - Consideration of an Oppose Unless Amended Position Letter on SB 964 (Seyarto)
Sponsors: Administrative Office, Treasurer-Tax Collector
Attachments: 1. OPPOSE Unless Amended - SB 964 (Seyarto), 2. SB 964 (Seyarto) CACTTC Oppose Unless Amended Letter as amended 3-18-24
Memorandum


Date: April 2, 2024

To: The Honorable Lake County Board of Supervisors

From: Matthew Rothstein, Chief Deputy County Administrative Officer
Patrick Sullivan, Treasurer-Tax Collector

Subject: Consideration of an Oppose Unless Amended Position Letter on SB 964 (Seyarto)

Executive Summary:
SB 964 (Seyarto) proposes changes to: processes surrounding Excess Proceeds, including establishment of a State fund, where County would be required to send remaining proceeds historically swept into the County General Fund; and Chapter 8 Tax Sales (Agreement Sales), limiting the County's ability to enter into direct sale agreements with agencies, cities, districts and eligible non-profits, while adding administrative burdens and County costs.

This bill, as currently written, is strongly Opposed by the California Association of County Treasurers and Tax Collectors (CACTTC), of which Patrick Sullivan is a member. Positions are pending from both CSAC and RCRC, as of this writing.

Lake County, unfortunately, would be disproportionately affected by SB 964, for the reasons detailed in the Letter.

Staff and Treasurer-Tax Collector, Patrick Sullivan, recommend your Board approve the attached "Oppose Unless Amended" Position Letter, and authorize the Chair to sign.

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