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.