BILL ANALYSIS Ó ----------------------------------------------------------------- |SENATE RULES COMMITTEE | AB 1473| |Office of Senate Floor Analyses | | |1020 N Street, Suite 524 | | |(916) 651-1520 Fax: (916) | | |327-4478 | | ----------------------------------------------------------------- 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, CONTINUED AB 1473 Page 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 **** END ****