Mark Wyland
- Republican
Author
The California Constitution limits the maximum amount of any ad valorem tax on real property to 1% of the full cash value of the property. The California Constitution states that the 1% limitation for ad valorem taxes does not apply to ad valorem taxes or assessments to pay the interest and redemption charges on bonded indebtedness incurred by a school district, community college district, or county office of education for the construction, reconstruction, rehabilitation, or replacement of school facilities approved by 55% of the voters if the proposition includes specified accountability requirements. The accountability requirements include a requirement that the governing board of either the school district or community college district or the county office of education conduct annual, independent performance and financial audits. This bill would require the audits for each preceding fiscal year to be submitted by March 31 of each year to the citizens' oversight committee for its review.
Chaptered by Secretary of State. Chapter 237, Statutes of 2011.
Approved by the Governor.
Enrolled and presented to the Governor at 10 a.m.
Assembly amendments concurred in. (Ayes 38. Noes 0. Page 1914.) Ordered to engrossing and enrolling.
Ordered to special consent calendar.
In Senate. Concurrence in Assembly amendments pending.
Read third time. Passed. (Ayes 74. Noes 0. Page 2230.) Ordered to the Senate.
Read second time. Ordered to consent calendar.
Read second time and amended. Ordered to second reading.
From committee: Do pass as amended. Ordered to consent calendar. (Ayes 10. Noes 0.) (June 22).
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 37. Noes 0. Page 1040.) Ordered to the Assembly.
Read second time. Ordered to consent calendar.
From committee: Do pass. Ordered to consent calendar. (Ayes 9. Noes 0. Page 948.) (May 11).
Set for hearing May 11.
Hearing postponed by committee.
Set for hearing April 27.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on RLS.
From printer. May be acted upon on or after March 19.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB423 | HTML |
| 02/16/11 - Introduced | |
| 03/23/11 - Amended Senate | |
| 06/30/11 - Amended Assembly | |
| 08/16/11 - Enrolled | |
| 09/06/11 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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