SB 121: Education finance: education omnibus budget trailer bill.
The bill aims to improve education finance in California by making several changes to the existing system. It requires the superintendent to review and consider studies and reports that indicate a county office of education is showing fiscal distress. The superintendent can conditionally approve or disapprove a budget that does not provide adequate assurance that the county office of education will meet its current and future obligations. The bill also revises provisions related to the superintendent's actions when a county office of education is unable to meet its financial obligations. It requires the superintendent to notify the president of the state board of education and the county board of education if a county office of education is unable to meet its financial obligations. Additionally, the bill extends the encumbrance, expenditure, and reversion periods for certain grant funds…
| Jun. 24, 2025 | From committee with author's amendments. Read second time and amended. Re-referred to Com. on BUDGET. |
| Mar. 24, 2025 | Referred to Com. on BUDGET. |
| Mar. 20, 2025 | Read third time. Passed. (Ayes 28. Noes 10. Page 437.) Ordered to the Assembly. |
| Mar. 20, 2025 | In Assembly. Read first time. Held at Desk. |
| Mar. 18, 2025 | Read second time. Ordered to third reading. |