AB 2121: Community colleges: current expense of education: exclusions.

The bill authorizes community college districts in California to exclude certain local expenditures from their current expense of education for a period of five fiscal years following the 2025-26 fiscal year. This exclusion applies to expenditures that maintained student support functions previously funded through federal discretionary grants that have been terminated, nonrenewed, or defunded. The community college districts must annually certify their eligibility to the Office of the Chancellor of the California Community Colleges. The provisions of the bill will be inoperative on July 1, 2031, or on the first day of the fiscal year following the restoration of federal funding, whichever occurs first. The bill declares that it is to take effect immediately as an urgency statute.