AB 48: Education finance: postsecondary education facilities: College Health and Safety Bond Act of 2026.
The bill proposes a state general obligation bond act to provide funds for constructing and modernizing education facilities. The funds will be used for college health and safety improvements. The bond act will become operative only if approved by the voters at a statewide election. The California State University and University of California will be required to comply with certain conditions before receiving funds from the bond fund. The provisions of the bill will become operative upon the adoption of the bond act by the voters.
| Jun. 05, 2025 | In Senate. Read first time. To Com. on RLS. for assignment. |
| Jun. 04, 2025 | Read third time. Passed. Ordered to the Senate. (Ayes 68. Noes 9. Page 2075.) |
| Jun. 04, 2025 | Read third time. Passed. Ordered to the Senate. (Ayes 68. Noes 9.) |
| May. 29, 2025 | Read third time and amended. Ordered to third reading. (Page 1787.) |
| May. 29, 2025 | Read third time and amended. Ordered to third reading. |
| Amended IN Assembly May 29, 2025 |
| Amended IN Assembly April 10, 2025 |
| Introduced by Assembly Member Alvarez (Coauthors: Assembly Members |
December 02, 2024 |
LEGISLATIVE COUNSEL'S DIGEST
(1)Existing law authorizes the governing board of any school district or community college district to order an election and submit to the electors of the district the question of whether the bonds of the district shall be issued and sold to raise money for specified purposes. Existing law generally requires, to pass a school bond measure, that either at least 23 of the votes cast on the proposition of issuing bonds be in favor of issuing the bonds to pass the measure, or, if certain conditions are met, at least 55% of the votes cast on the proposition of issuing bonds be in favor of issuing the bonds. Existing law prohibits the total amount of bonds issued by a school district or community college district from exceeding 1.25% of the taxable property of the district, as provided.
This bill would raise that limit to 2% for a community college district.
(2)Existing law also authorizes a unified school district or community college district to issue bonds receiving at least 55% of the votes cast on the proposition of issuing the bonds that, in aggregation with bonds issued with a 23 favorable vote, do not exceed 2.5% of the taxable property of the district, as provided.
This bill would raise that limit to 4% for a community college district.
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