SB 1040

Version: Amended
Author: Budget & Fiscal Review

BILL NUMBER: SB 1040 AMENDED

BILL TEXT

AMENDED IN ASSEMBLY JUNE 25, 2012

INTRODUCED BY Committee on Budget and Fiscal Review

FEBRUARY 6, 2012

An act relating to the Budget Act of 2012. An act to amend the Budget Act of 2012 by augmenting Items 6440-001- 0001 and 6600-001-0001 of Section 2.00 of that act, relating to the state budget, and making an appropriation therefor, to take effect immediately, Budget Bill.

LEGISLATIVE COUNSEL'S DIGEST

SB 1040, as amended, Committee on Budget and Fiscal Review. Budget Act of 2012.Budget Act of 2012: augmentation.

(1) The Budget Act of 2012 appropriates specified amounts from the General Fund for public postsecondary education, including $51,500,000 to the University of California and $500,000 to Hastings College of the Law for purposes of addressing a portion of their employer pension contribution costs for the University of California Retirement Plan.

This bill would augment the appropriations to the University of California and Hastings College of the Law by $37,635,000 and $365,000, respectively, for purposes of the pension contribution costs described above.

(2) This bill would appropriate $125,000,000 from the General Fund to the California State University and $125,000,000 from the General Fund to the University of California for the 2013-14 fiscal year if those institutions maintain the 2011-12 mandatory systemwide tuition and fee level for the 2012-13 academic year and if the Schools and Local Public Safety Protection Act of 2012 (Attorney General reference number 12-0009) is approved by the voters at the November 6, 2012, statewide general election and the provisions of that act that modify personal income tax rates do not become inoperative, as specified.

(3) This bill would declare that it is to take effect immediately as a Budget Bill.

This bill would express the intent of the Legislature to enact statutory changes relating to the Budget Act of 2012.

Vote: majority. Appropriation: noyes . Fiscal committee: noyes . State-mandated local program: no.

THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

SECTION 1. The sum of thirty-seven million six hundred thirty-five thousand dollars ($37,635,000) is hereby appropriated from the General Fund for expenditure for the 2012-13 fiscal year in augmentation of Item 6440-001-0001 of Section 2.00 of the Budget Act of 2012 for purposes of provision 16 of that item.

SEC. 2. The sum of three hundred sixty-five thousand dollars ($365,000) is hereby appropriated from the General Fund for expenditure for the 2012-13 fiscal year in augmentation of Item 6600-001-0001 of Section 2.00 of the Budget Act of 2012 for purposes of provision 4 of that item.

SEC. 3. The sum of one hundred twenty-five million dollars ($125,000,000) is hereby appropriated from the General Fund to the California State University for expenditure for the 2013-14 fiscal year only if both of the following conditions exist:

(a) The Schools and Local Public Safety Protection Act of 2012 (Attorney General reference number 12-0009) is approved by the voters at the November 6, 2012, statewide general election, and the provisions of that act that modify personal income tax rates do not become inoperative due to a conflict with another initiative measure that is approved at the same election and receives a greater number of affirmative votes.

(b) The California State University maintains the 2011-12 mandatory systemwide tuition and fee level for the 2012-13 academic year.

SEC. 4. The sum of one hundred twenty-five million dollars ($125,000,000) is hereby appropriated from the General Fund to the University of California for expenditure for the 2013-14 fiscal year only if both of the following conditions exist:

(a) The Schools and Local Public Safety Protection Act of 2012 (Attorney General reference number 12-0009) is approved by the voters at the November 6, 2012, statewide general election, and the provisions of that act that modify personal income tax rates do not become inoperative due to a conflict with another initiative measure that is approved at the same election and receives a greater number of affirmative votes.

(b) The University of California maintains the 2011-12 mandatory systemwide tuition and fee level for the 2012-13 academic year.

SEC. 5. This act is a Budget Bill within the meaning of subdivision (e) of Section 12 of Article IV of the California Constitution and shall take effect immediately.

SECTION 1. It is the intent of the Legislature to enact statutory changes relating to the Budget Act of 2012.

 
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