Bill Text: CA AB1754 | 2009-2010 | Regular Session | Amended

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Bill Title: Emergency apportionments: Oakland Unified School

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2010-04-21 - In committee: Set, first hearing. Hearing canceled at the request of author. [AB1754 Detail]

Download: California-2009-AB1754-Amended.html

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BILL NUMBER: AB 1754	AMENDED
	BILL TEXT

	AMENDED IN ASSEMBLY  APRIL 13, 2010
	AMENDED IN ASSEMBLY  APRIL 5, 2010

INTRODUCED BY   Assembly Member Swanson

                        FEBRUARY 8, 2010

   An act to add Section 41329.60 to the Education Code, relating to
school finance.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1754, as amended, Swanson. Emergency apportionments: Oakland
Unified School District.
   Existing law authorizes a school district to receive an emergency
apportionment subject to specified conditions  ,  and
requires the school district to repay, within 20 years, an emergency
apportionment from the General Fund that was designed to provide an
advance of apportionments owed to the district from the State School
Fund.
   This bill would change the repayment period for the Oakland
Unified School District to 30 years.
   This bill would make legislative findings and declarations as to
the necessity of a special statute for the Oakland Unified School
District.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  This act shall be known and may be cited as the
Emergency School Loan  Deferment   Extension
 Act.
  SEC. 2.  Section 41329.60 is added to the Education Code, to read:
   41329.60.  Notwithstanding any other provision of law, the
emergency apportionment received by the Oakland Unified School
District shall be repaid to the General Fund within 30 years.
  SEC. 3.  The Legislature finds and declares that a special law is
necessary and that a general law cannot be made applicable within the
meaning of Section 16 of Article IV of the California Constitution
because of the burden the loan repayment schedule places on the
Oakland Unified School District given the national and statewide
economic downturn.