SB 1028 Summary

• Appropriates $361,000,000 from the General Fund for 2013-14 fiscal year, with $313,000,000 transferred to Section A of the State School Fund for allocation by the Superintendent of Public Instruction for K-12 education and career technical education programs.

• Modifies Cal Grant eligibility requirements to allow institutions to regain eligibility in the academic year they satisfy cohort default rate and graduation rate requirements, rather than waiting until the following year.

• Appropriates $5,000,000 to the California State University Chancellor for open education resources development and administration, contingent on matching private funds or reverting unused amounts to the Golden State Scholarshare Trust.

• Reappropriates $10,335,000 from the Proposition 98 Reversion Account to support special education programs, reducing a separate reappropriation from $220,137,000 to $209,802,000.

• Appropriates $4,750,000 from the 2006 University Capital Outlay Bond Fund to the University of California for preliminary plans and working drawings for a Classroom and Academic Office Building at the Merced campus, requiring prevailing wage payments by contractors and subcontractors.