Key Votes
SB 95 - Increase State's Ability to Borrow - Key Vote
California Key Votes
Ricardo Lara voted Yea (Passage With Amendment) on this legislation.
Read recent statements Ricardo Lara made in this general time period.
Stages
- Feb. 3, 2012 Executive Signed
- Feb. 2, 2012 Senate Concurrence Vote Passed
- Feb. 2, 2012 House Bill Passed
- Feb. 14, 2011 Senate Bill Passed
- Jan. 10, 2011 Introduced
Family
Issues
Stage Details
Legislation - Signed (Executive) - Feb. 3, 2012
Title: Increase State's Ability to Borrow
Legislation - Concurrence Vote Passed (Senate) (24-14) - Feb. 2, 2012 (Key vote)
Title: Increase State's Ability to Borrow
Vote to concur with House amendments and pass a bill that authorizes the transfer of money from internal accounts, effective immediately.
- Authorizes the transfer of state funds from certain accounts to the General Fund (Sec. 2).
- Prohibits any transfer of state funds from accounts including, but not limited to, the following (Sec. 2):
- The Central Valley Water Project Construction Fund;
- The Central Valley Water Project Reserve Fund; or
- The California Water Resources Development Bond Fund.
- Requires interest to be paid on all transfers to the General Fund from the following accounts (Sec. 2):
- Department of Food and Agriculture Fund;
- DNA Identification Fund; and
- The Mental Health Services Fund.
- Authorizes the transfer of funds to the General Fund from the following accounts when their remaining balance is over 15 percent (Sec. 3):
- The Highway Users Tax Account;
- Transportation Investment Fund;
- Motor Vehicle Fuel Account;
- Transportation Revolving Account; and
- The State Highway Account.
Legislation - Bill Passed (House) (54-17) - Feb. 2, 2012 (Key vote)
Title: Increase State's Ability to Borrow
Vote to pass a bill that authorizes the transfer of money from internal accounts, effective immediately.
- Authorizes the transfer of state funds from certain accounts to the General Fund (Sec. 2).
- Prohibits any transfer of state funds from accounts including, but not limited to, the following (Sec. 2):
- The Central Valley Water Project Construction Fund;
- The Central Valley Water Project Reserve Fund; or
- The California Water Resources Development Bond Fund.
- Requires interest to be paid on all transfers to the General Fund from the following accounts (Sec. 2):
- Department of Food and Agriculture Fund;
- DNA Identification Fund; and
- The Mental Health Services Fund.
- Authorizes the transfer of funds to the General Fund from the following accounts when their remaining balance is over 15 percent (Sec. 3):
- The Highway Users Tax Account;
- Transportation Investment Fund;
- Motor Vehicle Fuel Account;
- Transportation Revolving Account; and
- The State Highway Account.
Legislation - Bill Passed (Senate) (22-2) - Feb. 14, 2011
Legislation - Introduced (Senate) - Jan. 10, 2011
Title: Increase State's Ability to Borrow
Committee Sponsors
- Budget and Fiscal Review (Sponsor)
