Bill Text: CA AB3199 | 2019-2020 | Regular Session | Amended
Bill Title: Greenhouse Gas Reduction Fund: High Speed Rail Authority: assessment: K–12 education: transfer and loan.
Spectrum: Partisan Bill (Republican 3-0)
Status: (Introduced - Dead) 2020-06-02 - Re-referred to Com. on ED. [AB3199 Detail]
Download: California-2019-AB3199-Amended.html
Amended
IN
Assembly
June 01, 2020 |
Introduced by Assembly (Coauthor: Assembly Member Lackey) |
February 21, 2020 |
LEGISLATIVE COUNSEL'S DIGEST
Existing law requires the adopted course of study for grades 1 to 6, inclusive, and for grades 7 to 12, inclusive, to offer courses in specified areas of study, including social sciences. Existing law establishes the Instructional Quality Commission and requires the commission to, among other things, recommend curriculum frameworks to the State Board of Education. Existing law requires the state board, concurrently with, but not before, the next revision of textbooks or curriculum frameworks in the social sciences, health, and mathematics curricula, to ensure that these academic areas integrate components of, among other things, financial literacy. Notwithstanding that requirement on the state board, existing law requires the commission, when the history-social science curriculum framework is revised after January 1, 2017, to consider including age-appropriate information for kindergarten
and grades 1 to 12, inclusive, regarding certain topics on financial literacy.
This bill would require the commission, when the history-social science curriculum framework is revised after January 1, 2017, to also consider including age-appropriate information and content for kindergarten and grades 1 to 12, inclusive, on the importance of estate planning and the use of trusts.
Digest Key
Vote: MAJORITY Appropriation:Bill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 39719 of the Health and Safety Code is amended to read:39719.
(a) The Legislature shall appropriate the annual proceeds of the fund for the purpose of reducing greenhouse gas emissions in this state in accordance with the requirements of Section 39712.(A)
(B)
(C)
(D)
SEC. 2.
Section 39719.3 is added to the Health and Safety Code, to read:39719.3.
(a) Of the unencumbered balance of funds appropriated to the High-Speed Rail Authority pursuant to paragraph (2) of subdivision (b) of Section 39719, Section 39719.1, and Item 2665-306-3228 of Section 2.00 of the Budget Act of 2014 (Chapter 25 of the Statutes of 2014) before the 2020–21 fiscal year, the sum of two billion four hundred million dollars ($2,400,000,000) shall be transferred by the Controller to the General Fund as a loan.SEC. 3.
Section 185039 is added to the Public Utilities Code, to read:185039.
The authority shall commission an independent assessment by the University of California Institute of Transportation Studies of the project’s cost and benefits compared to other emerging transportation technologies, including, but not limited to, hyperloop technology and autonomous vehicle infrastructure, to achieve the objectives for high-speed rail set forth in this division or the Safe, Reliable High-Speed Passenger Train Bond Act for the 21st Century (Chapter 20 (commencing with Section 2704) of Division 3 of the Streets and Highways Code), including the provision of a clean, safe, reliable, affordable, and efficient option for long distance travelers.SEC. 4.
(a) The sum of two billion four hundred million dollars ($2,400,000,000) is hereby appropriated from the High-Speed Passenger Train Bond Fund, which is created pursuant to Section 2704.05 of the Streets and Highways Code, to the High-Speed Rail Authority, for the sole purpose of completing the minimum scope of work necessary to meet federal grant requirements and satisfy existing regional commitments, as described in the 2020 High-Speed Rail Authority Draft Business Plan.Notwithstanding Section 51284, when the history-social science curriculum framework is revised after January 1, 2017, the Instructional Quality Commission shall consider including both of the following:
(a)Age-appropriate information for grade spans, as listed in paragraphs (1) to (3), inclusive, of subdivision (b), on financial literacy that includes, but is not limited to, all of the following:
(1)Fundamentals of banking for personal use, including, but not limited to, savings and checking.
(2)Principles of budgeting and personal finance.
(3)Employment and understanding factors that
affect net income.
(4)Uses and effects of credit, including the relation of debt and interest to credit.
(5)Uses and costs of loans, including student loans.
(6)Types and costs of insurance.
(7)Forms of governmental taxation.
(8)Principles of investing and building wealth.
(9)Identity theft and security.
(10)Planning and paying for postsecondary education.
(11)Charitable giving.
(12)The importance of estate planning and the use of trusts.
(b)Age-appropriate content related to the topics listed in paragraphs (1) to (12), inclusive, of subdivision (a), at least twice in each of the following grade spans:
(1)Kindergarten and grades 1 to 5, inclusive.
(2)Grades 6 to 8, inclusive.
(3)Grades 9 to 12, inclusive.