Bill Text: CA SB1385 | 2015-2016 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: California Disaster Assistance Act: Inland Regional

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Vetoed) 2016-11-30 - Last day to consider Governor's veto pursuant to Joint Rule 58.5. [SB1385 Detail]

Download: California-2015-SB1385-Introduced.html

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BILL NUMBER: SB 1385	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Leyva

                        FEBRUARY 19, 2016

   An act to amend Section 85304 of the Education Code, relating to
community colleges.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 1385, as introduced, Leyva. Community colleges: optional method
for registering warrants.
   When an order on community college district funds is received by
the county superintendent of schools, and there is insufficient money
in the fund or funds against which the order is drawn to pay the
orders in full, existing law requires the order to be registered as a
warrant on the county treasurer and transmitted to the governing
board of the community college district, as specified. Existing law
requires county auditors, within 10 days after the end of each month,
to report to the superintendent of schools the amount of interest
added to registered warrants and paid during the preceding month.
   This bill would make a nonsubstantive change to that provision
relating to reports by county auditors.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 85304 of the Education Code is amended to read:

   85304.  Within 10 days after the end of each month, the county
auditor shall report to the superintendent of schools the amount of
interest added to registered warrants and paid during the preceding
month. The report shall show each district to whose registered
warrants, paid during the month covered by the report, interest was
added and the amount of  the   that 
interest for the district. The superintendent of schools shall
immediately report, in writing, to the clerk or secretary of each
district for which interest was paid, the amount of the interest paid
for the district.