CA AB1556

Authorizes the State Public Works Board to issue revenue bonds to finance county jail facility acquisition, design, and construction with state funding.

Allows participating counties that received conditional awards under an initial jail financing program to relinquish those awards and reapply under a separate program requiring 10% county contribution, provided no state moneys have been encumbered.

Requires $16,000,000 to be awarded by December 31, 2012, to qualified counties that had state moneys already encumbered in contracts under the 2007 Public Safety and Offender Rehabilitation Services Act and were excluded from the lower 10% county match requirement.

Mandates awarded funds be deposited into the qualified county's general fund.

Makes a continuous appropriation to the jail facilities financing program.