SB 301, as introduced, Liu. Education facilities: Kindergarten-University Public Education Facilities Bond Act of 2014.
Existing law, the California Constitution, prohibits the Legislature from creating a debt or liability that singly or in the aggregate with any previous debts or liabilities exceeds the sum of $300,000, except by an act that (1) authorizes the debt for a single object or work specified in the act, (2) has been passed by a 2⁄3 vote of all the members elected to each house of the Legislature, (3) has been submitted to the people at a statewide general or primary election, and (4) has received a majority of all the votes cast for and against it at that election.
Existing law, the Kindergarten-University Public Education Facilities Bond Act of 2006, authorizes $10,416,000,000 of state general obligation bonds to provide aid to school districts, charter schools, county superintendents of schools, county boards of education, the California Community Colleges, the University of California, the Hastings College of the Law, and the California State University to construct and modernize education facilities.
This bill would express the intent of the Legislature to enact legislation that would create the Kindergarten-University Public Education Facilities Bond Act of 2014 to authorize an unspecified sum of state general obligation bonds to provide aid to school districts, county superintendents of schools, county boards of education, the California Community Colleges, the University of California, the Hastings College of the Law, and the California State University to construct and modernize education facilities.
The bill would also express the Legislature’s intent that the bond act would become operative only if approved by the voters at the November 4, 2014, statewide general election, and would provide for its submission to the voters at that election.
Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.
The people of the State of California do enact as follows:
It is the intent of the Legislature to enact
2legislation that would create the Kindergarten-University Public
3Education Facilities Bond Act of 2014, to become operative only
4if approved by the voters at the November 4, 2014, statewide
5general election, and to provide for the submission of the bond act
6to the voters at that election. It is also the intent of the Legislature
7that the bond act, if approved by the voters at that election, would
8provide for the issuance of _____ dollars ($_____) of state general
9obligation bonds to provide aid to school districts, county
10superintendents of schools, county boards of education, the
11California Community Colleges, the University of California, the
12Hastings College of the Law, and the California State University
13to construct and modernize education
facilities.
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