FINANCE
LEGISLATIVE COMMITTEE MEMBERSHIP
STATE SENATE
Governance and Finance
Chair, 2015 to 2016
Member, 2015 to 2022
Chair, Subcommittee of Governance and Finance,
Modernizing Government
2015 to 2016
California Educational Facilities Authority,
Insured Revenue Bonds ($22,040,000)
Bond Co-Counsel
1987
California Educational Facilities Authority
Insured Revenue Bonds ($33,865,000)
Bond Co-Counsel
1986
California Educational Facilities Authority
Insured Revenue Bonds ($68,500,000)
Bond Co-Counsel
1985
California Health Facilities Financing Authority
Floating Rate Weekly Demand Revenue Bonds
Bond Co-Counsel ($100,000,000)
1985
REVENUE BONDS
LEGISLATION
SB 728 (2021-2022) – Purchase of Density Bonus Units by Nonprofits
*Chaptered 9/28/2021*
This bill amends State Density Bonus law to ensure qualified nonprofit housing corporations are able to purchase for-sale units in an approved housing development project. This will preserve continued affordability of units intended for ownership by individuals or families of a certain income level.
SB 1007 (2017-2018) – Sales and Use Taxes: Exemption: Military and Veteran Medical Facilities
*Chaptered 9/26/2018*
This bill exempts from the state and local sales and use tax specified building materials and supplies used by a qualified nonprofit organization to construct a facility used to care for military veterans.
SB 63 (2019-2020) – Personal Income Tax Law: Exclusion: Student Loan Debt Forgiveness
*Chaptered 10/2/2019*
This bill excludes from gross income loan amounts discharged from a college when the borrower is unable to complete a program of study because a school closes or does something wrong.
SB 639 (2017-2018) – Property Taxation: Assessment: Electric Generation Facilities
*Chaptered 9/1/2017*
This bill clarifies that local assessment applies to specified renewable energy projects.
PUBLIC SERVICE
USC Keston Institute for Public Finance
& Infrastructure Policy
Sol Price School of Public Policy
Board of Councilors, Present
Fellow, 2005 - 2009
Los Angeles, California
2005 to 2009
District Securities Advisory Commission
State Treasurer’s Office
Vice Chairman
San Francisco, California
1984 to 1988
