Redevelopment plans: time limitations.

The Community Redevelopment Law authorizes the establishment of redevelopment agencies in communities in order to address the effects of blight, as defined, in those communities and requires those agencies to prepare, or cause to be prepared, and approve a redevelopment plan for each project area. Existing law terminates the effectiveness of every redevelopment plan adopted on or before December 31, 1993, 40 years from the adoption of the redevelopment plan or January 1, 2009, whichever is later. This bill would make technical, nonsubstantive changes to the provision of law relating to the effectiveness of redevelopment plans.