Provides for the governor's interim budget balancing authority, authorizing him to reduce certain state general fund or statutorily dedicated fund appropriations or allocations by an addititonal five percent. (7/1/11) (2/3-CA7s10(F)(1)) (RE SEE FISC NOTE GF EX See Note)
Removes the 50% cap on the deduction from taxable income of tuition and fees paid by a taxpayer for a dependent child to a nonpublic elementary or secondary school or to a public elementary or secondary lab school which is operated by a public college or university, making the deduction equal to the full amount paid up to $5,000 per child. (gov sig) (EN -$5,300,000 GF RV See Note)