California 2023-2024 Regular Session

California Assembly Bill AB674 Latest Draft

Bill / Introduced Version Filed 02/13/2023

                            CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 674Introduced by Assembly Member FloraFebruary 13, 2023 An act to amend Section 2570 of the Education Code, relating to education finance. LEGISLATIVE COUNSEL'S DIGESTAB 674, as introduced, Flora. Education finance: property tax revenue.Existing law establishes a public school financing system that requires, among other things, the Superintendent of Public Instruction to apportion state aid to county superintendents of schools. Existing law requires the Superintendent to subtract a specified portion of local property tax revenues from the amount of state aid to be apportioned to county superintendents of schools. Existing law requires, for the 198081 fiscal year, and each fiscal year thereafter, a county superintendent of schools to allocate property tax revenues as prescribed.This bill would make nonsubstantive changes to the latter provision.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 2570 of the Education Code is amended to read:2570. For the 198081 fiscal year year, and each fiscal year thereafter thereafter, the county superintendent of schools shall allocate property tax revenues pursuant to this article.

 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION Assembly Bill No. 674Introduced by Assembly Member FloraFebruary 13, 2023 An act to amend Section 2570 of the Education Code, relating to education finance. LEGISLATIVE COUNSEL'S DIGESTAB 674, as introduced, Flora. Education finance: property tax revenue.Existing law establishes a public school financing system that requires, among other things, the Superintendent of Public Instruction to apportion state aid to county superintendents of schools. Existing law requires the Superintendent to subtract a specified portion of local property tax revenues from the amount of state aid to be apportioned to county superintendents of schools. Existing law requires, for the 198081 fiscal year, and each fiscal year thereafter, a county superintendent of schools to allocate property tax revenues as prescribed.This bill would make nonsubstantive changes to the latter provision.Digest Key Vote: MAJORITY  Appropriation: NO  Fiscal Committee: NO  Local Program: NO 





 CALIFORNIA LEGISLATURE 20232024 REGULAR SESSION

 Assembly Bill 

No. 674

Introduced by Assembly Member FloraFebruary 13, 2023

Introduced by Assembly Member Flora
February 13, 2023

 An act to amend Section 2570 of the Education Code, relating to education finance. 

LEGISLATIVE COUNSEL'S DIGEST

## LEGISLATIVE COUNSEL'S DIGEST

AB 674, as introduced, Flora. Education finance: property tax revenue.

Existing law establishes a public school financing system that requires, among other things, the Superintendent of Public Instruction to apportion state aid to county superintendents of schools. Existing law requires the Superintendent to subtract a specified portion of local property tax revenues from the amount of state aid to be apportioned to county superintendents of schools. Existing law requires, for the 198081 fiscal year, and each fiscal year thereafter, a county superintendent of schools to allocate property tax revenues as prescribed.This bill would make nonsubstantive changes to the latter provision.

Existing law establishes a public school financing system that requires, among other things, the Superintendent of Public Instruction to apportion state aid to county superintendents of schools. Existing law requires the Superintendent to subtract a specified portion of local property tax revenues from the amount of state aid to be apportioned to county superintendents of schools. Existing law requires, for the 198081 fiscal year, and each fiscal year thereafter, a county superintendent of schools to allocate property tax revenues as prescribed.

This bill would make nonsubstantive changes to the latter provision.

## Digest Key

## Bill Text

The people of the State of California do enact as follows:SECTION 1. Section 2570 of the Education Code is amended to read:2570. For the 198081 fiscal year year, and each fiscal year thereafter thereafter, the county superintendent of schools shall allocate property tax revenues pursuant to this article.

The people of the State of California do enact as follows:

## The people of the State of California do enact as follows:

SECTION 1. Section 2570 of the Education Code is amended to read:2570. For the 198081 fiscal year year, and each fiscal year thereafter thereafter, the county superintendent of schools shall allocate property tax revenues pursuant to this article.

SECTION 1. Section 2570 of the Education Code is amended to read:

### SECTION 1.

2570. For the 198081 fiscal year year, and each fiscal year thereafter thereafter, the county superintendent of schools shall allocate property tax revenues pursuant to this article.

2570. For the 198081 fiscal year year, and each fiscal year thereafter thereafter, the county superintendent of schools shall allocate property tax revenues pursuant to this article.

2570. For the 198081 fiscal year year, and each fiscal year thereafter thereafter, the county superintendent of schools shall allocate property tax revenues pursuant to this article.



2570. For the 198081 fiscal year year, and each fiscal year thereafter thereafter, the county superintendent of schools shall allocate property tax revenues pursuant to this article.