California Debt and Investment Advisory Commission

Webinar Description

Creating SB 1029-Compliant Local Debt Policies
March 16, 2017
Webinar

Chapter 307, Statutes of 2016 (Senate Bill 1029, Hertzberg), signed by Governor Brown on September 12, 2016, amends Government Code section 8855 to place additional reporting obligations on issuers of public debt in California. Effective January 1, 2017, issuers must certify that they have adopted local debt policies concerning the use of debt and that the proposed debt issuance is consistent with those policies. This CDIAC webinar, in coordination with the California Special Districts Association and School Services of California, intends to support the efforts of local issuers to comply with SB 1029.