BILL NUMBER: AB 2440	AMENDED
	BILL TEXT

	AMENDED IN ASSEMBLY  MARCH 12, 2014

INTRODUCED BY   Assembly Member Hagman

                        FEBRUARY 21, 2014

   An act to  amend Section 15144 of the Education Code, and
to amend Section 53508.6 of the Government Code, relating to school
bonds.   add Section 60650 to the Education Code,
relating to pupil assessments. 


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2440, as amended, Hagman.  School bonds: equipment
purchases.   Pupil assessments: Measurement of Academic
Performance and Progress: school district opt out.  
   Existing law establishes the Measurement of Academic Performance
and Progress (MAPP) and requires the first full administration of
assessments aligned to the common core standards in English language
arts and mathematics to occur in the 2014-15 school year unless the
State Board of Education determines that the assessments cannot be
fully implemented.  
   This bill would authorize a school district to delay until the
2015-16 school year the administration of any assessment aligned to
the common core academic content standards in English language arts
and mathematics, including, but not limited to, any MAPP assessment.
The bill would authorize a school district that delays administration
to administer a standards-based achievement test pursuant to the
former Standardized Testing and Reporting Program, which was repealed
on January 1, 2014.  
   (1) Existing law authorizes the governing board of any school
district or community college district to order an election and
submit to the electors of the district the question whether the bonds
of the district should be issued and sold to raise money for
specified purposes. Existing law requires the number of years the
whole or any part of the bonds are to run to not exceed 25 years.
 
   This bill would require bonds to have a maturity that does not
exceed 10 years if proceeds of the bond would be used to purchase
equipment with a useful life of less than 5 years.  

   (2) Additionally and alternatively to the authority described
above, existing law authorizes the legislative body of any issuer, by
resolution, to provide for the issuance of bonds or refunding bonds.
Existing law provides that bonds issued pursuant to this authority
by a school district or community college district that do not allow
for the compounding of interest may have a maturity that is greater
than 30 years, but not greater than 40 years, if certain requirements
are satisfied.  
   This bill would require bonds issued pursuant to this authority to
have a maturity that does not exceed 10 years if proceeds of the
bond would be used to purchase equipment with a useful life of less
than 5 years. 
   Vote: majority. Appropriation: no. Fiscal committee:  no
  yes  . State-mandated local program: no.


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

   SECTION 1.    Section 60650 is added to the 
 Education Code   , to read:  
   60650.  (a) Notwithstanding any other law, a school district may
delay until the 2015-16 school year the administration of any
assessment aligned to the common core academic content standards in
English language arts and mathematics, including, but not limited to,
any Measurement of Academic Performance and Progress assessment.
   (b) A school district that delays administration of any assessment
pursuant to subdivision (a) may administer a standards-based
achievement test pursuant to the provisions of the former
Standardized Testing and Reporting Program set forth in Section
60640, as that section read on December 31, 2013.  
  SECTION 1.    Section 15144 of the Education Code
is amended to read:
   15144.  (a) Except as provided in subdivision (b), the number of
years the whole or any part of the bonds are to run shall not exceed
25 years, from the date of the bonds or the date of any series of the
bonds.
   (b) If bond proceeds will be used to purchase equipment with a
useful life of less than five years, bonds issued and sold pursuant
to this chapter and Chapter 1.5 (commencing with Section 15264) shall
have a maturity that does not exceed 10 years.  
  SEC. 2.    Section 53508.6 of the Government Code
is amended to read:
   53508.6.  (a) Except as provided in subdivision (b),
notwithstanding any other law, a school district or community college
district may, pursuant to this article, issue bonds that do not
allow for the compounding of interest and that have a maturity
greater than 30 years, but not greater than 40 years, if the school
district or community college district does both of the following:
   (1) Complies with the requirements of subdivisions (b) and (c) of
Section 15146 of the Education Code.
   (2) Makes a finding that the useful life of the facility financed
with the bonds that do not allow for the compounding of interest and
that have a maturity greater than 30 years, but not greater than 40
years, equals or exceeds the maturity date of those bonds.
   (b) If bond proceeds will be used to purchase equipment with a
useful life of less than five years, bonds issued and sold by a
school district or community college district pursuant to this
article shall have a maturity that does not exceed 10 years.