CA AB202

Decreases the amount of revenue bonds, notes, or bond anticipation notes that the State Public Works Board (SPWB) may issue for county jail financing from $840,445,397 to $740,445,397.

Authorizes the SPWB to use proceeds from these bonds to finance acquisition, design, construction, and reasonable construction reserves for approved local jail facilities.

Permits proceeds to reimburse participating counties for costs of acquisition, preliminary plans, working drawings, and construction of approved projects.

Declares funds derived from the bonds are continuously appropriated for the purposes of this chapter, notwithstanding Section 13340.

Takes effect immediately as a budget-related appropriations bill, approved by the Governor on June 30, 2022.