BILL ANALYSIS                                                                                                                                                                                                    Ó



                                                                            



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                                    THIRD READING


          Bill No:  AB 1473
          Author:   Assembly Budget Committee
          Amended:  6/12/14 in Senate
          Vote:     27 - Urgency


           SENATE BUDGET & FISCAL REVIEW COMMITTEE  : 15-0, 6/15/14
          AYES: Leno, Nielsen, Beall, Berryhill, Block, Corbett, Hancock,  
            Jackson, Liu, Mitchell, Monning, Morrell, Roth, Torres, Wyland
          NO VOTE RECORDED: Anderson

           ASSEMBLY FLOOR  :  Not relevant


          SUBJECT  :    Budget Act of 2014:  Education Facilities Trailer  
          Bill

           SOURCE  :     Author


           DIGEST  :    This bill provides statutory changes necessary to  
          enact education facilities-related provisions of the Budget Act  
          of 2014.

           ANALYSIS  :    As part of the 2014-15 Budget, AB 1473 makes  
          statutory changes necessary to implement the Budget Act.   
          Specifically, this bill:

          1.Prohibits the State Allocation Board from approving funding  
            for specified incentive grants or allocations for projects,  
            pursuant to the Career Technical Education Facilities Program  
            after January 1, 2015, and provides for reallocation of the  
            amounts not yet approved by the board for other purposes,  
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                                                                    AB 1473
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          2

            including new construction and modernization of school  
            facilities, and seismic repair, reconstruction, or  
            replacement, as specified;

          2.Requires the Office of Public School Construction to report to  
            the State Allocation Board and Legislature, by March 1, 2015,  
            on efforts to streamline and speed up the award of seismic  
            mitigation funds;

          3.Declares that it is consistent with, and furthers the purposes  
            of, provisions of the bond act related to elementary and  
            secondary school facilities; and

          4.Declares that it is to take effect immediately as an urgency  
            statute.

           FISCAL EFFECT  :    Appropriation:  No   Fiscal Com.:  Yes    
          Local:  No

          According to the Senate Budget and Fiscal Review Committee, this  
          bill should not result in changes to the Budget Act or related  
          budget actions.  Funds appropriated in this bill would be  
          applied toward the minimum funding requirements for school and  
          community college districts imposed by Section 8 of Article XVI  
          of the California Constitution (Proposition 98).


          PQ:e  6/15/14   Senate Floor Analyses 

                         SUPPORT/OPPOSITION:  NONE RECEIVED

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