BILL ANALYSIS Ó SB 97 Page 1 (Without Reference to File) SENATE THIRD READING SB 97 (Committee on Budget and Fiscal Review) As Amended June 16, 2015 Majority vote. Budget Bill Appropriation Takes Effect Immediately SENATE VOTE: Vote not relevant SUMMARY: Contains necessary statutory and technical changes to amend the Budget Act of 2015 to reflect the budget agreement between the Governor and the Legislature. COMMENTS: This bill amends the 2015 Budget Bill, AB 93 (Weber) of the current legislative session, to adjust, remove, and amend budget provisions to reflect the budget compromise agreement reached by the Legislature and the Governor. The compromise budget package provides $115.4 million in expenditures for 2015-16 and includes an overall reserve of nearly $4.6 billion. The elements of the compromise budget package are fully explained in the Assembly Budget Committee's "Floor Report" publication. SB 97 Page 2 This bill, often referred to as a "Budget Bill Jr.", makes changes necessary to conform AB 93 to the final agreement. This bill contains about 100 changes to various budget provisions necessary for this purpose. Analysis Prepared by: Christian Griffith / BUDGET / (916) 319-2099 FN: 0001028