BILL ANALYSIS Ó ----------------------------------------------------------------- |SENATE RULES COMMITTEE | SB 867| |Office of Senate Floor Analyses | | |1020 N Street, Suite 524 | | |(916) 651-1520 Fax: (916) | | |327-4478 | | ----------------------------------------------------------------- UNFINISHED BUSINESS Bill No: SB 867 Author: Senate Budget and Fiscal Review Committee Amended: 8/11/14 Vote: 27 - Urgency PRIOR VOTES NOT RELEVANT ASSEMBLY FLOOR : Not available SUBJECT : Elections SOURCE : Author DIGEST : This bill designates ACA 1X2 (John A. Pérez, Chapter 1, Statutes of the 2013-14, Second Extraordinary Session) commonly referred to as the "Rainy Day Fund" measure, as Proposition 2. Assembly Amendments delete the Senate version of the bill and instead renumber the Rainy Day Fund. ANALYSIS : This bill: 1.Designates ACA 1X2 as "Proposition 2" on the November 4, 2014, General Election ballot. 2.Includes language requiring the Secretary of State and local elections officials to revise any references to Proposition 44 CONTINUED SB 867 Page 2 in any analysis, argument, or statement to Proposition 2. FISCAL EFFECT : Appropriation: No Fiscal Com.: No Local: No According to the Assembly Floor Analysis, incidental costs that can be absorbed within existing budget authority. RM:k 8/11/14 Senate Floor Analyses SUPPORT/OPPOSITION: NONE RECEIVED **** END ****