CA AB2519

Amends Section 9112.5 of the Government Code to clarify that bond authority for state capitol building projects includes related deconstruction and infrastructure work.

Authorizes the State Public Works Board to issue lease-revenue bonds up to $755,591,000 to finance acquisition, design, construction, deconstruction, and necessary infrastructure work for projects authorized under the State Capitol Building Annex Act of 2016.

Makes bond proceeds available in addition to other funding sources, including transfers from the State Project Infrastructure Fund.

Directs the Department of General Services and Joint Rules Committee to execute necessary leases, contracts, and agreements to effectuate the financing.

Expresses legislative intent that available cash sources be used to the maximum extent before utilizing the lease-revenue bond authority.