Bill Text: CA SB471 | 2021-2022 | Regular Session | Introduced

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

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Bill Title: The Racial and Economic Equity Grant Program.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Failed) 2022-02-01 - Returned to Secretary of Senate pursuant to Joint Rule 56. [SB471 Detail]

Download: California-2021-SB471-Introduced.html

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CALIFORNIA LEGISLATURE— 2021–2022 REGULAR SESSION

Senate Bill

No. 471

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Introduced by Senator Hueso

February 17, 2021

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An act relating to state government.

LEGISLATIVE COUNSEL'S DIGEST

SB 471, as introduced, Hueso. The Racial and Economic Equity Bond Act of 2021.

Existing law, the State General Obligation Bond Law, generally sets forth the procedures for the issuance and sale of bonds governed by its provisions and for the disbursal of the proceeds of the sale of those bonds.

This bill would state the intent of the Legislature to enact future legislation entitled the “Racial and Economic Equity Bond Act of 2021.”

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.

 It is the intent of the Legislature to enact future legislation entitled the “Racial and Economic Equity Bond Act of 2021.”