Loading chat...
CA SB154
Bill
Status
Passed
6/26/2024
Primary Sponsor
Budget and Fiscal Review
Click for details
AI Summary
- Suspends the minimum funding obligation for school districts and community college districts under California's Proposition 98 for the 2023-24 fiscal year
- Sets the state funding amount for school districts and community college districts at $98,484,249,000 for the 2023-24 fiscal year in place of the constitutional minimum
- Declares that the minimum funding obligation exceeds available state revenues for the 2023-24 fiscal year, justifying the suspension under Article XVI, Section 8(h) of the California Constitution
- Requires calculation and allocation of the maintenance factor created by this suspension in accordance with constitutional provisions
- Takes effect immediately as an urgency statute to implement the Budget Act of 2024
Legislative Description
Education finance: Proposition 98: suspension.
Last Action
Chaptered by Secretary of State. Chapter 27, Statutes of 2024.
6/26/2024
Committee Referrals
Budget3/30/2023
Budget and Fiscal Review1/25/2023
Rules1/18/2023
Full Bill Text
No bill text available