Luis Alejo
- Democratic
Author
Existing law requires the Controller to transfer from Section A of the State School Fund the amount of funds necessary to pay certain warrants so that the effective cost of the lease financing provided to the Oakland Unified School District, the Vallejo Unified School District, and the West Contra Costa Unified School District is equal to the cost of the original General Fund emergency loan made to each school district. Existing law also specifies the original interest rate to be used in determining the cost of the original emergency loan made for these school districts. This bill would also require the Controller to make that transfer with respect to the lease financing provided to the South Monterey County Joint Union High School District. The bill would specify the original interest rate to be used in determining the cost of the original emergency loan for the South Monterey County Joint Union High School District. This bill would make legislative findings and declarations as to the necessity of a special statute for the South Monterey County Joint Union High School District.
In committee: Set, second hearing. Held under submission.
In committee: Set, first hearing. Referred to APPR. suspense file.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 4.) (April 25). Re-referred to Com. on APPR.
In committee: Set, first hearing. Hearing canceled at the request of author.
From printer. May be heard in committee March 24.
Read first time. To print.
| Bill Text Versions | Format |
|---|---|
| AB1858 | HTML |
| 02/22/12 - Introduced |
| Document | Format |
|---|---|
| No related documents. |
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