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CA AB2888

Bill

Official Source

Status

Introduced

2/18/2022

Primary Sponsor

Blanca Rubio

Click for details

Origin

State Assembly

2021-2022 Session

AI Summary

  • Expresses legislative intent to enact legislation establishing budget reserves equal to or greater than 20% of the General Fund budget
  • Excludes funds allocated for minimum school funding under Proposition 98 of 1988 from the reserve calculation
  • Does not make appropriations or create binding requirements, serving as a statement of legislative intent only
  • Addresses state budget management by codifying a reserve threshold to help stabilize state finances

Legislative Description

State budget: reserves.

Last Action

Referred to Com. on BUDGET.

3/24/2022

Committee Referrals

Budget3/24/2022

Full Bill Text

No bill text available