CURRENT BILL STATUS MEASURE : S.B. No. 1249 AUTHOR(S) : Bates. TOPIC : School finance: school districts: annual budgets: reserve balance. TYPE OF BILL : Inactive Non-Urgency Non-Appropriations Majority Vote Required Non-State-Mandated Local Program Non-Fiscal Non-Tax Levy LAST HIST. ACT. DATE: 11/30/2016 LAST HIST. ACTION : From committee without further action. COMM. LOCATION : SEN EDUCATION TITLE : An act to repeal Section 42127.01 of the Education Code, relating to school finance.