| 1 | | - | Amended IN Senate March 26, 2025 CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Senate Bill No. 743Introduced by Senator CorteseFebruary 21, 2025 An act to add Section 42253 to the Education Code, relating to housing. education finance.LEGISLATIVE COUNSEL'S DIGESTSB 743, as amended, Cortese. Planning and Zoning Law: workforce housing: teachers. Education finance: Education Equalization Act: Equalization Reserve Account.The Classroom Instructional Improvement and Accountability Act, an initiative approved by the voters as Proposition 98 at the November 8, 1988, statewide general election, amended the California Constitution to, among other things, set forth a formula for computing the minimum amount of revenues that the state is required to appropriate for the support of school districts and community college districts in any given fiscal year. The California Constitution requires the Legislature to apportion to school districts from the State School Fund in each fiscal year basic state aid of at least $120 per pupil in average daily attendance, except that the total amount apportioned to each school district in each fiscal year must be at least $2,400.The California Constitution creates the Public School System Stabilization Account in the General Fund and requires the Controller to transfer, pursuant to a schedule provided by the Director of Finance, a specified amount from the General Fund to the account in each fiscal year, except as provided.The California Constitution generally prohibits the total annual appropriations subject to limitation of the state and each local government from exceeding the appropriations limit of the entity of government for the prior fiscal year, adjusted for the change in the cost of living and the change in population. The California Constitution defines appropriations subject to limitation for these purposes.This bill would establish the Equalization Reserve Account in the General Fund. The bill would require funds in the account to be available, upon appropriation by the Legislature, to increase per-pupil funding in non-basic aid school districts, as defined, in a manner prescribed by the Legislature. The bill would require the Controller, in any fiscal year in which there is an increase over the preceding fiscal year in the minimum amount of revenues the state is required to appropriate for the support of school districts and community college districts, to transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount transferred from the General Fund to the Public School System Stabilization Account in that fiscal year, as provided. These provisions would become operative only if a constitutional amendment, approved by the voters, (1) excludes funds transferred to or allocated from the account from computations of the minimum amount of revenues that the state is required to appropriate for the support of school districts and community college districts, from the moneys allocated for purposes of meeting that minimum funding obligation, and from the total annual state appropriations subject to the limitation described above, and (2) requires the Legislature, in each fiscal year in which funds are transferred to the Equalization Reserve Account, to allocate a percentage of funds in the account to increase per-pupil funding in non-basic aid school districts. The Planning and Zoning Law, until January 1, 2036, authorizes a development proponent to submit an application for a multifamily housing development that is subject to a streamlined, ministerial approval process, as provided, and not subject to a conditional use permit, if the development satisfies specified objective planning standards, including, among others, that the development proponent has committed to record a land use restriction or covenant providing that any lower or moderate-income housing units remain available at affordable housing costs, as specified.This bill would declare the Legislatures intent to enact subsequent legislation to expand the above-described authorization for streamlined, ministerial approval of a multifamily housing development to include workforce housing for teachers.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NOYES Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 42253 is added to the Education Code, immediately following Section 42252, to read:42253. (a) The Equalization Reserve Account is hereby established in the General Fund.(b) (1) Funds in the Equalization Reserve Account shall be available, upon appropriation by the Legislature, for the support of non-basic aid school districts. Funds shall be allocated from the account to increase per-pupil funding in non-basic aid school districts in a manner prescribed by the Legislature.(2) It is the intent of the Legislature in proposing this section to establish a dedicated source of state funding to close the gaps in per-pupil spending among school districts without reducing the amount of state funding that any school district receives.(c) (1) (A) Except as provided in subparagraph (B), in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year. The calculation of this amount shall include all reductions, suspensions, and other adjustments pursuant to any other provision of Section 21 of Article XVI of the California Constitution, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution.(B) If Section 21 of Article XVI of the California Constitution is amended after January 1, 2025, in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall, instead of the amount prescribed in subparagraph (A), transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount that would have been transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year, had Section 21 of Article XVI of the California Constitution not been amended. The calculation of this amount shall include all reductions, suspensions, and other adjustments that would have been made pursuant to any other provision of Section 21 of Article XVI of the California Constitution, as it read on January 1, 2025, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution, as it read on January 1, 2025.(2) Interest earned on funds in the Equalization Reserve Account shall be deposited in the account.(d) For purposes of this section, non-basic aid school district means a school district that, in the applicable fiscal year, receives an apportionment from Section A of the State School Fund that exceeds the basic state aid requirement in Section 6 of Article IX of the California Constitution.(e) This section shall become operative only if a constitutional amendment, approved by the voters, includes both of the following conditions:(1) The exclusion of funds transferred to or allocated from the Equalization Reserve Account pursuant to this section from both of the following designations:(A) Moneys to be applied by the State for the support of school districts and community college districts, as that phrase is used in Section 8 of Article XVI of the California Constitution.(B) Total annual appropriations subject to limitation of each entity of government, as that phrase is used in Article XIIIB of the California Constitution.(2) A requirement that the Legislature allocate, in each fiscal year in which funds are transferred to the Equalization Reserve Account pursuant to paragraph (1) of subdivision (c), a percentage of funds in the account to increase per-pupil funding in non-basic aid school districts.SECTION 1.It is the intent of the Legislature to enact subsequent legislation that expands the authorization for a development proponent to submit an application for a multifamily housing development that is subject to a streamlined, ministerial approval process pursuant to Section 65913.4 of the Government Code to include workforce housing for teachers. |
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| 1 | + | CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Senate Bill No. 743Introduced by Senator CorteseFebruary 21, 2025 An act relating to housing. LEGISLATIVE COUNSEL'S DIGESTSB 743, as introduced, Cortese. Planning and Zoning Law: workforce housing: teachers. The Planning and Zoning Law, until January 1, 2036, authorizes a development proponent to submit an application for a multifamily housing development that is subject to a streamlined, ministerial approval process, as provided, and not subject to a conditional use permit, if the development satisfies specified objective planning standards, including, among others, that the development proponent has committed to record a land use restriction or covenant providing that any lower or moderate-income housing units remain available at affordable housing costs, as specified.This bill would declare the Legislatures intent to enact subsequent legislation to expand the above-described authorization for streamlined, ministerial approval of a multifamily housing development to include workforce housing for teachers.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. It is the intent of the Legislature to enact subsequent legislation that expands the authorization for a development proponent to submit an application for a multifamily housing development that is subject to a streamlined, ministerial approval process pursuant to Section 65913.4 of the Government Code to include workforce housing for teachers. |
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| 3 | | - | Amended IN Senate March 26, 2025 CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Senate Bill No. 743Introduced by Senator CorteseFebruary 21, 2025 An act to add Section 42253 to the Education Code, relating to housing. education finance.LEGISLATIVE COUNSEL'S DIGESTSB 743, as amended, Cortese. Planning and Zoning Law: workforce housing: teachers. Education finance: Education Equalization Act: Equalization Reserve Account.The Classroom Instructional Improvement and Accountability Act, an initiative approved by the voters as Proposition 98 at the November 8, 1988, statewide general election, amended the California Constitution to, among other things, set forth a formula for computing the minimum amount of revenues that the state is required to appropriate for the support of school districts and community college districts in any given fiscal year. The California Constitution requires the Legislature to apportion to school districts from the State School Fund in each fiscal year basic state aid of at least $120 per pupil in average daily attendance, except that the total amount apportioned to each school district in each fiscal year must be at least $2,400.The California Constitution creates the Public School System Stabilization Account in the General Fund and requires the Controller to transfer, pursuant to a schedule provided by the Director of Finance, a specified amount from the General Fund to the account in each fiscal year, except as provided.The California Constitution generally prohibits the total annual appropriations subject to limitation of the state and each local government from exceeding the appropriations limit of the entity of government for the prior fiscal year, adjusted for the change in the cost of living and the change in population. The California Constitution defines appropriations subject to limitation for these purposes.This bill would establish the Equalization Reserve Account in the General Fund. The bill would require funds in the account to be available, upon appropriation by the Legislature, to increase per-pupil funding in non-basic aid school districts, as defined, in a manner prescribed by the Legislature. The bill would require the Controller, in any fiscal year in which there is an increase over the preceding fiscal year in the minimum amount of revenues the state is required to appropriate for the support of school districts and community college districts, to transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount transferred from the General Fund to the Public School System Stabilization Account in that fiscal year, as provided. These provisions would become operative only if a constitutional amendment, approved by the voters, (1) excludes funds transferred to or allocated from the account from computations of the minimum amount of revenues that the state is required to appropriate for the support of school districts and community college districts, from the moneys allocated for purposes of meeting that minimum funding obligation, and from the total annual state appropriations subject to the limitation described above, and (2) requires the Legislature, in each fiscal year in which funds are transferred to the Equalization Reserve Account, to allocate a percentage of funds in the account to increase per-pupil funding in non-basic aid school districts. The Planning and Zoning Law, until January 1, 2036, authorizes a development proponent to submit an application for a multifamily housing development that is subject to a streamlined, ministerial approval process, as provided, and not subject to a conditional use permit, if the development satisfies specified objective planning standards, including, among others, that the development proponent has committed to record a land use restriction or covenant providing that any lower or moderate-income housing units remain available at affordable housing costs, as specified.This bill would declare the Legislatures intent to enact subsequent legislation to expand the above-described authorization for streamlined, ministerial approval of a multifamily housing development to include workforce housing for teachers.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NOYES Local Program: NO |
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| 3 | + | CALIFORNIA LEGISLATURE 20252026 REGULAR SESSION Senate Bill No. 743Introduced by Senator CorteseFebruary 21, 2025 An act relating to housing. LEGISLATIVE COUNSEL'S DIGESTSB 743, as introduced, Cortese. Planning and Zoning Law: workforce housing: teachers. The Planning and Zoning Law, until January 1, 2036, authorizes a development proponent to submit an application for a multifamily housing development that is subject to a streamlined, ministerial approval process, as provided, and not subject to a conditional use permit, if the development satisfies specified objective planning standards, including, among others, that the development proponent has committed to record a land use restriction or covenant providing that any lower or moderate-income housing units remain available at affordable housing costs, as specified.This bill would declare the Legislatures intent to enact subsequent legislation to expand the above-described authorization for streamlined, ministerial approval of a multifamily housing development to include workforce housing for teachers.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO |
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| 28 | | - | The Classroom Instructional Improvement and Accountability Act, an initiative approved by the voters as Proposition 98 at the November 8, 1988, statewide general election, amended the California Constitution to, among other things, set forth a formula for computing the minimum amount of revenues that the state is required to appropriate for the support of school districts and community college districts in any given fiscal year. The California Constitution requires the Legislature to apportion to school districts from the State School Fund in each fiscal year basic state aid of at least $120 per pupil in average daily attendance, except that the total amount apportioned to each school district in each fiscal year must be at least $2,400.The California Constitution creates the Public School System Stabilization Account in the General Fund and requires the Controller to transfer, pursuant to a schedule provided by the Director of Finance, a specified amount from the General Fund to the account in each fiscal year, except as provided.The California Constitution generally prohibits the total annual appropriations subject to limitation of the state and each local government from exceeding the appropriations limit of the entity of government for the prior fiscal year, adjusted for the change in the cost of living and the change in population. The California Constitution defines appropriations subject to limitation for these purposes.This bill would establish the Equalization Reserve Account in the General Fund. The bill would require funds in the account to be available, upon appropriation by the Legislature, to increase per-pupil funding in non-basic aid school districts, as defined, in a manner prescribed by the Legislature. The bill would require the Controller, in any fiscal year in which there is an increase over the preceding fiscal year in the minimum amount of revenues the state is required to appropriate for the support of school districts and community college districts, to transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount transferred from the General Fund to the Public School System Stabilization Account in that fiscal year, as provided. These provisions would become operative only if a constitutional amendment, approved by the voters, (1) excludes funds transferred to or allocated from the account from computations of the minimum amount of revenues that the state is required to appropriate for the support of school districts and community college districts, from the moneys allocated for purposes of meeting that minimum funding obligation, and from the total annual state appropriations subject to the limitation described above, and (2) requires the Legislature, in each fiscal year in which funds are transferred to the Equalization Reserve Account, to allocate a percentage of funds in the account to increase per-pupil funding in non-basic aid school districts. The Planning and Zoning Law, until January 1, 2036, authorizes a development proponent to submit an application for a multifamily housing development that is subject to a streamlined, ministerial approval process, as provided, and not subject to a conditional use permit, if the development satisfies specified objective planning standards, including, among others, that the development proponent has committed to record a land use restriction or covenant providing that any lower or moderate-income housing units remain available at affordable housing costs, as specified.This bill would declare the Legislatures intent to enact subsequent legislation to expand the above-described authorization for streamlined, ministerial approval of a multifamily housing development to include workforce housing for teachers. |
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| 30 | | - | The Classroom Instructional Improvement and Accountability Act, an initiative approved by the voters as Proposition 98 at the November 8, 1988, statewide general election, amended the California Constitution to, among other things, set forth a formula for computing the minimum amount of revenues that the state is required to appropriate for the support of school districts and community college districts in any given fiscal year. The California Constitution requires the Legislature to apportion to school districts from the State School Fund in each fiscal year basic state aid of at least $120 per pupil in average daily attendance, except that the total amount apportioned to each school district in each fiscal year must be at least $2,400. |
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| 32 | | - | The California Constitution creates the Public School System Stabilization Account in the General Fund and requires the Controller to transfer, pursuant to a schedule provided by the Director of Finance, a specified amount from the General Fund to the account in each fiscal year, except as provided. |
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| 34 | | - | The California Constitution generally prohibits the total annual appropriations subject to limitation of the state and each local government from exceeding the appropriations limit of the entity of government for the prior fiscal year, adjusted for the change in the cost of living and the change in population. The California Constitution defines appropriations subject to limitation for these purposes. |
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| 36 | | - | This bill would establish the Equalization Reserve Account in the General Fund. The bill would require funds in the account to be available, upon appropriation by the Legislature, to increase per-pupil funding in non-basic aid school districts, as defined, in a manner prescribed by the Legislature. The bill would require the Controller, in any fiscal year in which there is an increase over the preceding fiscal year in the minimum amount of revenues the state is required to appropriate for the support of school districts and community college districts, to transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount transferred from the General Fund to the Public School System Stabilization Account in that fiscal year, as provided. |
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| 38 | | - | These provisions would become operative only if a constitutional amendment, approved by the voters, (1) excludes funds transferred to or allocated from the account from computations of the minimum amount of revenues that the state is required to appropriate for the support of school districts and community college districts, from the moneys allocated for purposes of meeting that minimum funding obligation, and from the total annual state appropriations subject to the limitation described above, and (2) requires the Legislature, in each fiscal year in which funds are transferred to the Equalization Reserve Account, to allocate a percentage of funds in the account to increase per-pupil funding in non-basic aid school districts. |
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| 28 | + | The Planning and Zoning Law, until January 1, 2036, authorizes a development proponent to submit an application for a multifamily housing development that is subject to a streamlined, ministerial approval process, as provided, and not subject to a conditional use permit, if the development satisfies specified objective planning standards, including, among others, that the development proponent has committed to record a land use restriction or covenant providing that any lower or moderate-income housing units remain available at affordable housing costs, as specified.This bill would declare the Legislatures intent to enact subsequent legislation to expand the above-described authorization for streamlined, ministerial approval of a multifamily housing development to include workforce housing for teachers. |
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| 52 | | - | The people of the State of California do enact as follows:SECTION 1. Section 42253 is added to the Education Code, immediately following Section 42252, to read:42253. (a) The Equalization Reserve Account is hereby established in the General Fund.(b) (1) Funds in the Equalization Reserve Account shall be available, upon appropriation by the Legislature, for the support of non-basic aid school districts. Funds shall be allocated from the account to increase per-pupil funding in non-basic aid school districts in a manner prescribed by the Legislature.(2) It is the intent of the Legislature in proposing this section to establish a dedicated source of state funding to close the gaps in per-pupil spending among school districts without reducing the amount of state funding that any school district receives.(c) (1) (A) Except as provided in subparagraph (B), in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year. The calculation of this amount shall include all reductions, suspensions, and other adjustments pursuant to any other provision of Section 21 of Article XVI of the California Constitution, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution.(B) If Section 21 of Article XVI of the California Constitution is amended after January 1, 2025, in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall, instead of the amount prescribed in subparagraph (A), transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount that would have been transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year, had Section 21 of Article XVI of the California Constitution not been amended. The calculation of this amount shall include all reductions, suspensions, and other adjustments that would have been made pursuant to any other provision of Section 21 of Article XVI of the California Constitution, as it read on January 1, 2025, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution, as it read on January 1, 2025.(2) Interest earned on funds in the Equalization Reserve Account shall be deposited in the account.(d) For purposes of this section, non-basic aid school district means a school district that, in the applicable fiscal year, receives an apportionment from Section A of the State School Fund that exceeds the basic state aid requirement in Section 6 of Article IX of the California Constitution.(e) This section shall become operative only if a constitutional amendment, approved by the voters, includes both of the following conditions:(1) The exclusion of funds transferred to or allocated from the Equalization Reserve Account pursuant to this section from both of the following designations:(A) Moneys to be applied by the State for the support of school districts and community college districts, as that phrase is used in Section 8 of Article XVI of the California Constitution.(B) Total annual appropriations subject to limitation of each entity of government, as that phrase is used in Article XIIIB of the California Constitution.(2) A requirement that the Legislature allocate, in each fiscal year in which funds are transferred to the Equalization Reserve Account pursuant to paragraph (1) of subdivision (c), a percentage of funds in the account to increase per-pupil funding in non-basic aid school districts.SECTION 1.It is the intent of the Legislature to enact subsequent legislation that expands the authorization for a development proponent to submit an application for a multifamily housing development that is subject to a streamlined, ministerial approval process pursuant to Section 65913.4 of the Government Code to include workforce housing for teachers. |
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| 38 | + | The people of the State of California do enact as follows:SECTION 1. It is the intent of the Legislature to enact subsequent legislation that expands the authorization for a development proponent to submit an application for a multifamily housing development that is subject to a streamlined, ministerial approval process pursuant to Section 65913.4 of the Government Code to include workforce housing for teachers. |
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| 58 | | - | SECTION 1. Section 42253 is added to the Education Code, immediately following Section 42252, to read:42253. (a) The Equalization Reserve Account is hereby established in the General Fund.(b) (1) Funds in the Equalization Reserve Account shall be available, upon appropriation by the Legislature, for the support of non-basic aid school districts. Funds shall be allocated from the account to increase per-pupil funding in non-basic aid school districts in a manner prescribed by the Legislature.(2) It is the intent of the Legislature in proposing this section to establish a dedicated source of state funding to close the gaps in per-pupil spending among school districts without reducing the amount of state funding that any school district receives.(c) (1) (A) Except as provided in subparagraph (B), in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year. The calculation of this amount shall include all reductions, suspensions, and other adjustments pursuant to any other provision of Section 21 of Article XVI of the California Constitution, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution.(B) If Section 21 of Article XVI of the California Constitution is amended after January 1, 2025, in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall, instead of the amount prescribed in subparagraph (A), transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount that would have been transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year, had Section 21 of Article XVI of the California Constitution not been amended. The calculation of this amount shall include all reductions, suspensions, and other adjustments that would have been made pursuant to any other provision of Section 21 of Article XVI of the California Constitution, as it read on January 1, 2025, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution, as it read on January 1, 2025.(2) Interest earned on funds in the Equalization Reserve Account shall be deposited in the account.(d) For purposes of this section, non-basic aid school district means a school district that, in the applicable fiscal year, receives an apportionment from Section A of the State School Fund that exceeds the basic state aid requirement in Section 6 of Article IX of the California Constitution.(e) This section shall become operative only if a constitutional amendment, approved by the voters, includes both of the following conditions:(1) The exclusion of funds transferred to or allocated from the Equalization Reserve Account pursuant to this section from both of the following designations:(A) Moneys to be applied by the State for the support of school districts and community college districts, as that phrase is used in Section 8 of Article XVI of the California Constitution.(B) Total annual appropriations subject to limitation of each entity of government, as that phrase is used in Article XIIIB of the California Constitution.(2) A requirement that the Legislature allocate, in each fiscal year in which funds are transferred to the Equalization Reserve Account pursuant to paragraph (1) of subdivision (c), a percentage of funds in the account to increase per-pupil funding in non-basic aid school districts. |
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| 44 | + | SECTION 1. It is the intent of the Legislature to enact subsequent legislation that expands the authorization for a development proponent to submit an application for a multifamily housing development that is subject to a streamlined, ministerial approval process pursuant to Section 65913.4 of the Government Code to include workforce housing for teachers. |
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| 64 | | - | 42253. (a) The Equalization Reserve Account is hereby established in the General Fund.(b) (1) Funds in the Equalization Reserve Account shall be available, upon appropriation by the Legislature, for the support of non-basic aid school districts. Funds shall be allocated from the account to increase per-pupil funding in non-basic aid school districts in a manner prescribed by the Legislature.(2) It is the intent of the Legislature in proposing this section to establish a dedicated source of state funding to close the gaps in per-pupil spending among school districts without reducing the amount of state funding that any school district receives.(c) (1) (A) Except as provided in subparagraph (B), in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year. The calculation of this amount shall include all reductions, suspensions, and other adjustments pursuant to any other provision of Section 21 of Article XVI of the California Constitution, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution.(B) If Section 21 of Article XVI of the California Constitution is amended after January 1, 2025, in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall, instead of the amount prescribed in subparagraph (A), transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount that would have been transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year, had Section 21 of Article XVI of the California Constitution not been amended. The calculation of this amount shall include all reductions, suspensions, and other adjustments that would have been made pursuant to any other provision of Section 21 of Article XVI of the California Constitution, as it read on January 1, 2025, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution, as it read on January 1, 2025.(2) Interest earned on funds in the Equalization Reserve Account shall be deposited in the account.(d) For purposes of this section, non-basic aid school district means a school district that, in the applicable fiscal year, receives an apportionment from Section A of the State School Fund that exceeds the basic state aid requirement in Section 6 of Article IX of the California Constitution.(e) This section shall become operative only if a constitutional amendment, approved by the voters, includes both of the following conditions:(1) The exclusion of funds transferred to or allocated from the Equalization Reserve Account pursuant to this section from both of the following designations:(A) Moneys to be applied by the State for the support of school districts and community college districts, as that phrase is used in Section 8 of Article XVI of the California Constitution.(B) Total annual appropriations subject to limitation of each entity of government, as that phrase is used in Article XIIIB of the California Constitution.(2) A requirement that the Legislature allocate, in each fiscal year in which funds are transferred to the Equalization Reserve Account pursuant to paragraph (1) of subdivision (c), a percentage of funds in the account to increase per-pupil funding in non-basic aid school districts. |
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| 66 | | - | 42253. (a) The Equalization Reserve Account is hereby established in the General Fund.(b) (1) Funds in the Equalization Reserve Account shall be available, upon appropriation by the Legislature, for the support of non-basic aid school districts. Funds shall be allocated from the account to increase per-pupil funding in non-basic aid school districts in a manner prescribed by the Legislature.(2) It is the intent of the Legislature in proposing this section to establish a dedicated source of state funding to close the gaps in per-pupil spending among school districts without reducing the amount of state funding that any school district receives.(c) (1) (A) Except as provided in subparagraph (B), in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year. The calculation of this amount shall include all reductions, suspensions, and other adjustments pursuant to any other provision of Section 21 of Article XVI of the California Constitution, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution.(B) If Section 21 of Article XVI of the California Constitution is amended after January 1, 2025, in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall, instead of the amount prescribed in subparagraph (A), transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount that would have been transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year, had Section 21 of Article XVI of the California Constitution not been amended. The calculation of this amount shall include all reductions, suspensions, and other adjustments that would have been made pursuant to any other provision of Section 21 of Article XVI of the California Constitution, as it read on January 1, 2025, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution, as it read on January 1, 2025.(2) Interest earned on funds in the Equalization Reserve Account shall be deposited in the account.(d) For purposes of this section, non-basic aid school district means a school district that, in the applicable fiscal year, receives an apportionment from Section A of the State School Fund that exceeds the basic state aid requirement in Section 6 of Article IX of the California Constitution.(e) This section shall become operative only if a constitutional amendment, approved by the voters, includes both of the following conditions:(1) The exclusion of funds transferred to or allocated from the Equalization Reserve Account pursuant to this section from both of the following designations:(A) Moneys to be applied by the State for the support of school districts and community college districts, as that phrase is used in Section 8 of Article XVI of the California Constitution.(B) Total annual appropriations subject to limitation of each entity of government, as that phrase is used in Article XIIIB of the California Constitution.(2) A requirement that the Legislature allocate, in each fiscal year in which funds are transferred to the Equalization Reserve Account pursuant to paragraph (1) of subdivision (c), a percentage of funds in the account to increase per-pupil funding in non-basic aid school districts. |
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| 68 | | - | 42253. (a) The Equalization Reserve Account is hereby established in the General Fund.(b) (1) Funds in the Equalization Reserve Account shall be available, upon appropriation by the Legislature, for the support of non-basic aid school districts. Funds shall be allocated from the account to increase per-pupil funding in non-basic aid school districts in a manner prescribed by the Legislature.(2) It is the intent of the Legislature in proposing this section to establish a dedicated source of state funding to close the gaps in per-pupil spending among school districts without reducing the amount of state funding that any school district receives.(c) (1) (A) Except as provided in subparagraph (B), in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year. The calculation of this amount shall include all reductions, suspensions, and other adjustments pursuant to any other provision of Section 21 of Article XVI of the California Constitution, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution.(B) If Section 21 of Article XVI of the California Constitution is amended after January 1, 2025, in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall, instead of the amount prescribed in subparagraph (A), transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount that would have been transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year, had Section 21 of Article XVI of the California Constitution not been amended. The calculation of this amount shall include all reductions, suspensions, and other adjustments that would have been made pursuant to any other provision of Section 21 of Article XVI of the California Constitution, as it read on January 1, 2025, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution, as it read on January 1, 2025.(2) Interest earned on funds in the Equalization Reserve Account shall be deposited in the account.(d) For purposes of this section, non-basic aid school district means a school district that, in the applicable fiscal year, receives an apportionment from Section A of the State School Fund that exceeds the basic state aid requirement in Section 6 of Article IX of the California Constitution.(e) This section shall become operative only if a constitutional amendment, approved by the voters, includes both of the following conditions:(1) The exclusion of funds transferred to or allocated from the Equalization Reserve Account pursuant to this section from both of the following designations:(A) Moneys to be applied by the State for the support of school districts and community college districts, as that phrase is used in Section 8 of Article XVI of the California Constitution.(B) Total annual appropriations subject to limitation of each entity of government, as that phrase is used in Article XIIIB of the California Constitution.(2) A requirement that the Legislature allocate, in each fiscal year in which funds are transferred to the Equalization Reserve Account pursuant to paragraph (1) of subdivision (c), a percentage of funds in the account to increase per-pupil funding in non-basic aid school districts. |
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| 71 | | - | |
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| 72 | | - | 42253. (a) The Equalization Reserve Account is hereby established in the General Fund. |
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| 73 | | - | |
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| 74 | | - | (b) (1) Funds in the Equalization Reserve Account shall be available, upon appropriation by the Legislature, for the support of non-basic aid school districts. Funds shall be allocated from the account to increase per-pupil funding in non-basic aid school districts in a manner prescribed by the Legislature. |
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| 75 | | - | |
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| 76 | | - | (2) It is the intent of the Legislature in proposing this section to establish a dedicated source of state funding to close the gaps in per-pupil spending among school districts without reducing the amount of state funding that any school district receives. |
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| 77 | | - | |
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| 78 | | - | (c) (1) (A) Except as provided in subparagraph (B), in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year. The calculation of this amount shall include all reductions, suspensions, and other adjustments pursuant to any other provision of Section 21 of Article XVI of the California Constitution, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution. |
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| 80 | | - | (B) If Section 21 of Article XVI of the California Constitution is amended after January 1, 2025, in any fiscal year in which there is an increase over the preceding fiscal year in the moneys to be applied by the state for support of the public school system and public institutions of higher education pursuant to Section 8 of Article XVI of the California Constitution, the Controller shall, instead of the amount prescribed in subparagraph (A), transfer from the General Fund to the Equalization Reserve Account an amount equal to the total amount that would have been transferred pursuant to subdivision (b) of Section 21 of Article XVI of the California Constitution for that fiscal year, had Section 21 of Article XVI of the California Constitution not been amended. The calculation of this amount shall include all reductions, suspensions, and other adjustments that would have been made pursuant to any other provision of Section 21 of Article XVI of the California Constitution, as it read on January 1, 2025, or paragraph (3) of subdivision (a) of Section 22 of Article XVI of the California Constitution, as it read on January 1, 2025. |
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| 82 | | - | (2) Interest earned on funds in the Equalization Reserve Account shall be deposited in the account. |
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| 83 | | - | |
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| 84 | | - | (d) For purposes of this section, non-basic aid school district means a school district that, in the applicable fiscal year, receives an apportionment from Section A of the State School Fund that exceeds the basic state aid requirement in Section 6 of Article IX of the California Constitution. |
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| 86 | | - | (e) This section shall become operative only if a constitutional amendment, approved by the voters, includes both of the following conditions: |
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| 87 | | - | |
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| 88 | | - | (1) The exclusion of funds transferred to or allocated from the Equalization Reserve Account pursuant to this section from both of the following designations: |
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| 90 | | - | (A) Moneys to be applied by the State for the support of school districts and community college districts, as that phrase is used in Section 8 of Article XVI of the California Constitution. |
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| 92 | | - | (B) Total annual appropriations subject to limitation of each entity of government, as that phrase is used in Article XIIIB of the California Constitution. |
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| 93 | | - | |
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| 94 | | - | (2) A requirement that the Legislature allocate, in each fiscal year in which funds are transferred to the Equalization Reserve Account pursuant to paragraph (1) of subdivision (c), a percentage of funds in the account to increase per-pupil funding in non-basic aid school districts. |
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| 98 | | - | It is the intent of the Legislature to enact subsequent legislation that expands the authorization for a development proponent to submit an application for a multifamily housing development that is subject to a streamlined, ministerial approval process pursuant to Section 65913.4 of the Government Code to include workforce housing for teachers. |
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