Bill Text: CA AB674 | 2023-2024 | Regular Session | Introduced

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Bill Title: Education finance: property tax revenue.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Failed) 2024-02-01 - Died at Desk. [AB674 Detail]

Download: California-2023-AB674-Introduced.html

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CALIFORNIA LEGISLATURE— 2023–2024 REGULAR SESSION

Assembly Bill

No. 674

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Introduced by Assembly Member Flora

February 13, 2023

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

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 1980–81 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  

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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 1980–81 fiscal year year, and each fiscal year thereafter thereafter, the county superintendent of schools shall allocate property tax revenues pursuant to this article.