Bill > AB1862

This bill, known as the Use of Taxpayer Funds Act, would prohibit public entities, which are government bodies, from entering into agreements with private parties that allow those private parties to control how taxpayer money is spent. Taxpayer funds are defined as any revenue collected from taxes or assessments. The bill clarifies that this restriction does not apply to "nontaxpayer funds," which include things like service charges, fees, donations, and grants from private sources. Any contract or agreement that violates these provisions and takes effect on or after January 1, 2027, would be considered void and unenforceable. The bill also includes a statement that these changes are a matter of statewide concern and will apply to all cities, including those with their own charters.

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB1862