BILL NUMBER: AB 2880 CHAPTERED 07/05/00 CHAPTER 76 FILED WITH SECRETARY OF STATE JULY 5, 2000 APPROVED BY GOVERNOR JULY 5, 2000 PASSED THE SENATE JUNE 15, 2000 PASSED THE ASSEMBLY JUNE 15, 2000 AMENDED IN SENATE JUNE 15, 2000 AMENDED IN ASSEMBLY MAY 25, 2000 INTRODUCED BY Assembly Member Calderon (Coauthors: Assembly Members Alquist, Aroner, Cardoza, Corbett, Correa, Cunneen, Dutra, Gallegos, Hertzberg, Honda, Jackson, Lempert, Longville, Lowenthal, Mazzoni, Nakano, Reyes, Romero, Shelley, Steinberg, Strom-Martin, Thomson, Torlakson, Villaraigosa, Vincent, Washington, Wiggins, and Wildman) (Coauthors: Senators Alarcon and Alpert) MARCH 6, 2000 An act to amend Section 62 of Chapter 78 of the Statutes of 1999, relating to school finance, and declaring the urgency thereof, to take effect immediately. LEGISLATIVE COUNSEL'S DIGEST AB 2880, Calderon. School finance: deficit reduction. Existing law requires the Superintendent of Public Instruction, for the 2000-01 fiscal year, to certify to the Controller amounts that do not exceed the amounts needed to fund the revenue limits of school districts and county superintendents of schools and to adjust those amounts by a deficit factor. This bill would specify that this requirement applies to the 2000-01 fiscal year and every fiscal year thereafter and would delete the requirement that the revenue limits be adjusted by a deficit factor. This bill would declare that it is to take effect immediately as an urgency statute. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Section 62 of Chapter 78 of the Statutes of 1999 is amended to read: 62. Notwithstanding any other provision of law, for the purposes of Sections 14002, 14004, and 41301 of the Education Code for the 2000-01 fiscal year and every fiscal year thereafter, the Superintendent of Public Instruction shall certify to the Controller amounts that do not exceed the amounts needed to fund the revenue limits of school districts, as determined pursuant to Section 42238 of the Education Code, and the revenue limits of county superintendents of schools as determined pursuant to Section 2558 of the Education Code , and the revenue limit portion of charter school operational funding as determined pursuant to Section 47633 of the Education Code. SEC. 2. This act is an urgency statute necessary for the immediate preservation of the public peace, health, or safety within the meaning of Article IV of the Constitution and shall go into immediate effect. The facts constituting the necessity are: In order to implement the Budget Act of 2000 with respect to the public schools, it is necessary that this act take effect immediately.