Steve Glazer
- Democratic
- Senator
- District 7
Author
(1) Under the Higher Education Facilities Bond Act of 1986, the Higher Education Facilities Bond Act of 1988, and the Higher Education Facilities Bond Act of June 1992, the issuance, pursuant to the State General Obligation Bond Law, of bonds in an amount not to exceed $400,000,000, $600,000,000, and $900,000,000, respectively, and the expenditure of the revenues therefrom, were authorized for the purpose of aid to the University of California and the California State University for, among other things, the construction and equipping of educational facilities, as specified. Existing law establishes the Higher Education Facilities Finance Committee to administer those acts, and to authorize the issuance and sale of bonds to the extent necessary to fund the education facilities construction apportionments expressly authorized by the Legislature in the annual Budget Act. More recently, the Class Size Reduction Kindergarten-University Public Education Facilities Bond Act of 1998, the Kindergarten-University Public Education Facilities Bond Act of 2002, the Kindergarten-University Public Education Facilities Bond Act of 2004, and the Kindergarten-University Public Education Facilities Bond Act of 2006 authorized the issuance of bonds and the expenditure of revenues therefrom for the University of California and the California State University, as well as for public elementary and secondary schools. This bill would enact the Higher Education Facilities Bond Act of 2020, which, upon approval by the state electorate, would authorize the issuance of state general obligation bonds in an amount not to exceed $4,000,000,000 with one-half of the amount designated for the University of California and the Hastings College of the Law and the other half designated for the California State University, for purposes similar to those specified in the Higher Education Facilities Bond Act of 1986, the Higher Education Facilities Bond Act of 1988, and the Higher Education Facilities Bond Act of June 1992, to be issued and sold in a manner similar to that provided under those acts. The bill would require that any request for funds from the bonds issued pursuant to the bond act enacted by this bill be accompanied by the 5-year capital outlay plan of the particular university or college and include a schedule that prioritizes the seismic retrofitting needed to significantly reduce seismic hazards in buildings identified as high priority by the university or college, as specified. (2) This bill would provide for the submission of the Higher Education Facilities Bond Act of 2020 to the voters at the November 3, 2020, statewide general election, as specified.
Ordered to inactive file on request of Assembly Member Arambula.
Ordered to third reading.
Read third time and amended.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 12. Noes 3.) (August 16).
August 8 set for first hearing. Placed on APPR. suspense file.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 11. Noes 0.) (June 26). Re-referred to Com. on APPR.
In Assembly. Read first time. Held at Desk.
Read third time. Urgency clause adopted. Passed. (Ayes 34. Noes 5. Page 4384.) Ordered to the Assembly.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 7. Noes 0. Page 4306.) (May 25).
Set for hearing May 25.
May 7 hearing: Placed on APPR. suspense file.
Set for hearing May 7.
From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 1. Page 4811.) (April 25). Re-referred to Com. on APPR.
Set for hearing April 25.
April 18 hearing postponed by committee.
Set for hearing April 18.
April 11 set for first hearing canceled at the request of author.
Set for hearing April 11.
From committee: Do pass and re-refer to Com. on GOV. & F. (Ayes 5. Noes 0. Page 4439.) (March 21). Re-referred to Com. on GOV. & F.
Set for hearing March 21.
From printer. May be acted upon on or after March 18.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB1225 | HTML |
| 02/15/18 - Introduced | |
| 08/24/18 - Amended Assembly |
| Document | Format |
|---|---|
| No related documents. |
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