Redevelopment bill comes at worst time

Gov. Gavin Newsom last year wisely vetoed Senate Bill 5, which would have revived California’s money-draining, property-rights-eroding redevelopment agencies in a new and not-so-improved form.
There are many reasons to have opposed such legislation, but the governor specifically cited financial concerns in his veto message.
Similar legislation is back this year by the same authors. Now, a potential recession is turning into a more likely one, as the stock market drops in wake of the corona