Amended in Assembly March 12, 2014

California Legislature—2013–14 Regular Session

Assembly Bill No. 2440

Introduced by Assembly Member Hagman

February 21, 2014

An act to begin delete amend Section 15144 of the Education Code, and to amend Section 53508.6 of the Government Code, relating to school bonds. end delete begin insert add Section 60650 to the Education Code, relating to pupil assessments. end insert

LEGISLATIVE COUNSEL’S DIGEST

AB 2440, as amended, Hagman. begin delete School bonds: equipment purchases. end delete begin insert Pupil assessments: Measurement of Academic Performance and Progress: school district opt out. end insert

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Existing law establishes the Measurement of Academic Performance and Progress (MAPP) and requires the first full administration of assessments aligned to the common core standards in English language arts and mathematics to occur in the 2014-15 school year unless the State Board of Education determines that the assessments cannot be fully implemented.

end insert begin insert

This bill would authorize a school district to delay until the 2015-16 school year the administration of any assessment aligned to the common core academic content standards in English language arts and mathematics, including, but not limited to, any MAPP assessment. The bill would authorize a school district that delays administration to administer a standards-based achievement test pursuant to the former Standardized Testing and Reporting Program, which was repealed on January 1, 2014.

end insert begin delete

(1) Existing law authorizes the governing board of any school district or community college district to order an election and submit to the electors of the district the question whether the bonds of the district should be issued and sold to raise money for specified purposes. Existing law requires the number of years the whole or any part of the bonds are to run to not exceed 25 years.

end delete begin delete

This bill would require bonds to have a maturity that does not exceed 10 years if proceeds of the bond would be used to purchase equipment with a useful life of less than 5 years.

end delete begin delete

(2) Additionally and alternatively to the authority described above, existing law authorizes the legislative body of any issuer, by resolution, to provide for the issuance of bonds or refunding bonds. Existing law provides that bonds issued pursuant to this authority by a school district or community college district that do not allow for the compounding of interest may have a maturity that is greater than 30 years, but not greater than 40 years, if certain requirements are satisfied.

end delete begin delete

This bill would require bonds issued pursuant to this authority to have a maturity that does not exceed 10 years if proceeds of the bond would be used to purchase equipment with a useful life of less than 5 years.

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Vote: majority. Appropriation: no. Fiscal committee:  begin delete no end delete begin insert yes end insert . State-mandated local program: no.

The people of the State of California do enact as follows:

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begin insert SECTION 1. end insert   

end insert

begin insert Section 60650 is added to the end insert begin insert Education Code end insert begin insert ,
to read: end insert

begin insert

begin insert 60650. end insert   

(a) Notwithstanding any other law, a school district
may delay until the 2015-16 school year the administration of any
assessment aligned to the common core academic content
standards in English language arts and mathematics, including,
but not limited to, any Measurement of Academic Performance
and Progress assessment.

(b) A school district that delays administration of any assessment
pursuant to subdivision (a) may administer a standards-based
achievement test pursuant to the provisions of the former
Standardized Testing and Reporting Program set forth in Section
60640, as that section read on December 31, 2013.

end insert

begin delete

SECTION 1.  

Section 15144 of the Education Code is amended
to read:

15144.  

(a) Except as provided in subdivision (b), the number
of years the whole or any part of the bonds are to run shall not
exceed 25 years, from the date of the bonds or the date of any
series of the bonds.

(b) If bond proceeds will be used to purchase equipment with
a useful life of less than five years, bonds issued and sold pursuant
to this chapter and Chapter 1.5 (commencing with Section 15264)
shall have a maturity that does not exceed 10 years.

SEC. 2.  

Section 53508.6 of the Government Code is amended
to read:

53508.6.  

(a) Except as provided in subdivision (b),
notwithstanding any other law, a school district or community
college district may, pursuant to this article, issue bonds that do
not allow for the compounding of interest and that have a maturity
greater than 30 years, but not greater than 40 years, if the school
district or community college district does both of the following:

(1) Complies with the requirements of subdivisions (b) and (c)
of Section 15146 of the Education Code.

(2) Makes a finding that the useful life of the facility financed
with the bonds that do not allow for the compounding of interest
and that have a maturity greater than 30 years, but not greater than
40 years, equals or exceeds the maturity date of those bonds.

(b) If bond proceeds will be used to purchase equipment with
a useful life of less than five years, bonds issued and sold by a
school district or community college district pursuant to this article
shall have a maturity that does not exceed 10 years.

end delete