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Key Votes

SB 95 - Increase State's Ability to Borrow - Key Vote

California Key Votes

Stages

Family

Issues

Stage Details

Legislation - Signed (Executive) -

Title: Increase State's Ability to Borrow

Legislation - Concurrence Vote Passed (Senate) (24-14) - (Key vote)

Title: Increase State's Ability to Borrow

Vote Smart's Synopsis:

Vote to concur with House amendments and pass a bill that authorizes the transfer of money from internal accounts, effective immediately.

Highlights:
  • 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 With Amendment (House) (54-17) - (Key vote)

Title: Increase State's Ability to Borrow

Vote Smart's Synopsis:

Vote to pass a bill that authorizes the transfer of money from internal accounts, effective immediately.

Highlights:
  • 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) -
Legislation - Introduced (Senate) -

Title: Increase State's Ability to Borrow

Committee Sponsors

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