CA AB2383

Requires the Department of Finance to conduct semiannual surveys of state agencies administering bond proceeds regarding project readiness and cash needs based on anticipated bond issuances.

Mandates the Department of Finance provide survey results to the Joint Legislative Budget Committee, including information on which bonds would be used.

During periods of constrained bond issuance, requires the Department of Finance to prioritize bond sales based on immediate job creation, job sustainability, and economic impact alongside project readiness.

Allows the Department of Finance to prioritize bond sales for projects that draw down matching state or federal funds, are time-sensitive, or address urgent public health or safety matters.

Defines "project readiness" as a project being at a stage where immediate funding would provide intended economic benefits, and "bond proceeds" as funds from general obligation bond sales.