California Debt Limit Allocation Committee Posts Notice of Intent to Re-Adopt Emergency Regulations, Adopt New Regulations

Thursday, May 7, 2020 - 11:30am

The California Debt Limit Allocation Committee (CDLAC), which oversees the state’s allocation of private activity bonds (PABs), posted a notice of intent to re-adopt emergency regulations adopted in November 2019 and adopt new emergency regulations. The re-adopted regulations include definitions, program expiration dates and allocation limits, while the new emergency regulations also include minimum requirements, notification of bond issues, evaluation criteria, application requirements and more.