CA SB146

Reduces the maximum amount of revenue bonds that the State Public Works Board may issue for local jail and criminal justice facilities from $867.4 million, $509.1 million, $500 million, and $270 million to $840.4 million, $412.5 million, $420 million, and $244.5 million respectively.

Reduces the maximum authorized costs for Department of Corrections and Rehabilitation health care facility projects from $1.172 billion to $1.129 billion, including design, construction, renovation, and construction-related costs.

Removes the requirement that the board approve each allocation for health care facility improvement projects and eliminates the mandate that the Department of Finance report project details to legislative committees 20 days before board approval.

Makes these reduced appropriations continuously available for financing through interim financing, revenue bonds, negotiable notes, or bond anticipation notes.

Takes effect immediately as a budget-related bill under the California Constitution.