Betsy Butler
- Democratic
Author
(1) Existing law authorizes the Director of General Services to dispose of state surplus property, subject to specified conditions, including authorization by the Legislature. This bill would authorize the director to dispose of 6 specified parcels of state property. This bill would also rescind the surplus authorization of 2 specified parcels. (2) The California Constitution provides that the proceeds from the sale of surplus state property be used to pay the principal and interest on bonds issued pursuant to the Economic Recovery Bond Act until the principal and interest on those bonds are fully paid, after which these proceeds are required to be deposited into the Special Fund for Economic Uncertainties. Existing statutory law similarly requires that the net proceeds received from any real property disposition be paid into the Deficit Recovery Bond Retirement Sinking Fund Subaccount, a continuously appropriated fund, until the bonds issued pursuant to the act are retired. By increasing the amount transferred into a continuously appropriated fund, this bill would make an appropriation.
Chaptered by Secretary of State - Chapter 178, Statutes of 2011.
Approved by the Governor.
Enrolled and presented to the Governor at 1:30 p.m.
Read third time. Passed. Ordered to the Assembly. (Ayes 37. Noes 0. Page 1787.).
In Assembly. Ordered to Engrossing and Enrolling.
Ordered to special consent calendar.
Read second time. Ordered to third reading.
From committee: Be placed on second reading file pursuant to Senate Rule 28.8.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 12. Noes 0.) (June 14). Re-referred to Com. on APPR.
In Senate. Read first time. To Com. on RLS. for assignment.
Read third time. Passed. Ordered to the Senate. (Ayes 70. Noes 0. Page 1353.)
Read second time. Ordered to consent calendar.
From committee: Do pass. To consent calendar. (Ayes 17. Noes 0.) (May 4).
From committee chair, with author's amendments: Amend, and re-refer to Com. on APPR. Read second time and amended.
From committee chair, with author's amendments: Amend, and re-refer to Com. on APPR. Read second time and amended.
From committee: Do pass and re-refer to Com. on APPR. with recommendation: to consent calendar. (Ayes 9. Noes 0.) (April 12). Re-referred to Com. on APPR.
From printer. May be heard in committee March 22.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB1272 | HTML |
| 02/18/11 - Introduced | |
| 04/25/11 - Amended Assembly | |
| 04/28/11 - Amended Assembly | |
| 07/13/11 - Enrolled | |
| 08/04/11 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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