The bill aims to capture the state’s 4.7 million residents who are unregistered but eligible to vote — and who are predominantly Black, Latino, Asian or younger.
Oakland Mayor Sheng Thao has said that money from the sale will help her administration close a $177 million budget gap while avoiding layoffs and major cuts to city services.
The Insurance Department considers counties distressed if more than 20% of homes, condos, mobile homes and dwellings with fewer than five units are classified as high risk or very high risk.