Bill Text: CA SB1136 | 2009-2010 | Regular Session | Amended
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Education finance: revenue limit apportionments.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2010-08-13 - Set, second hearing. Held in committee and under submission. [SB1136 Detail]
Download: California-2009-SB1136-Amended.html
Bill Title: Education finance: revenue limit apportionments.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2010-08-13 - Set, second hearing. Held in committee and under submission. [SB1136 Detail]
Download: California-2009-SB1136-Amended.html
BILL NUMBER: SB 1136 AMENDED BILL TEXT AMENDED IN SENATE MARCH 22, 2010 INTRODUCED BY Senator Cox FEBRUARY 18, 2010 An act to add Section 14041.61 to the Education Code, relating to education finance , and declaring the urgency thereof, to take effect immediately. LEGISLATIVE COUNSEL'S DIGEST SB 1136, as amended, Cox. Education finance: revenue limit apportionments. (1) Existing law requires the Controller to draw warrants on the State Treasury in favor of the county treasurer of each county in each month of each year in prescribed amounts and in a prescribed manner. Commencing with the 2008-09 fiscal year, existing law requires the warrants for the principal apportionments for the month of February in the amount of $2,000,000,000 to be drawn in July of the same calendar year , and requires those warrants to be applied toward the minimum funding requirements for school districts and community college districts imposed by Section 8 of Article XVI of the California Constitution for the year in which they are drawn. This billwould provide, notwithstanding the provisions described above,thatwould prohibit a school district's apportionment deferralshall not exceedfrom exceeding the school district's required reserve for economic uncertainties, if the school district meets specified criteria. (2) This bill would declare that it is to take effect immediately as an urgency statute. Vote: 2/3. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 14041.61 is added to the Education Code, to read: 14041.61. Notwithstanding Section 14041.6 , Sections 16325.5 and 16326 of the Government Code, or any other provision of law, a school district's revenue limit apportionment deferral shall not exceed the school district's required reserve for economic uncertainties specified in the standards and criteria adopted by the state board pursuant to Sections 33127 and 33128 if the school district meets either of the following criteria: (a) The school district's average daily attendance, excluding charter school average daily attendance, for the prior year second principal apportionment is equal to or less than five hundred. (b) The school district's annual general fund revenues are less than five million dollars ($5,000,000). SEC. 2. This act is an urgency statute necessary for the immediate preservation of the public peace, health, or safety within the meaning of Article IV of the Constitution and shall go into immediate effect. The facts constituting the necessity are: In order to provide economic relief for small school districts, it is necessary that this act go into immediate effect.