Today, the Governor signed AB 208, which extends, by 24 months, the expiration of any approved tentative map or vesting tentative map that has not expired as of July 15, 2011 and will expire prior to January 1, 2014. This bill will be codified as Government Code Section 66452.23. AB 208 was adopted as emergency legislation and takes effect immediately.
This extension is in addition to the earlier 1 year and 2 year extensions provided in 2008 and 2009, as well as certain other extensions under the Subdivision Map Act. As with the earlier bills, AB 208 also extends, for 24 months, any state agency approvals that pertain to a development project subject to a tentative map.
In granting these extensions, the Legislature recognized the current economic climate and the need for developers to retain development rights on their properties.
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