Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
5Activity
0 of .
Results for:
No results containing your search query
P. 1
2011 Trailer Bills Remaining 6-15-11 Annotated Final

2011 Trailer Bills Remaining 6-15-11 Annotated Final

Ratings: (0)|Views: 46,710 |Likes:
Published by tvanoot

More info:

Published by: tvanoot on Jun 15, 2011
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as XLS, PDF, TXT or read online from Scribd
See more
See less

07/10/2013

pdf

text

original

 
1 of 206/15/2011; 11:51:00
Budget Revision and Trailer Bills Remaining14-Jun-11
If start in theIf start in theSenate…
VoteSubject
 Assembly…
AB 9821Budget Bill Jr.SB 71AB 11421Education OmnibusSB 85AB 21x27Managed Care Plans TaxSB 9xAB 22x21Motor Vehicle FeesSB 10xAB 23x21Local Sales TaxSB 11x
This bill makes various budget changes to SB 69, thebudget conference report that was passed in March of thisyear. The changes are generally consistent with theGovernor's May Revision proposal.
NOTE: Passed by theSenate on 6-10-11; need reconsideration and amendment.
Makes various statutory changes to K-12, higher education,and child care programs that are necessary to implement  provisions of the revised 2011-12 budget.
Note: Passed by the Senate on 6-10-11; need reconsideration and amendment.
Extends for one year the existing tax on total operating revenues of Medi-Cal Managed Care Plans. Results inabout $100 million in budget "solution." Redirects VLF funds used to administer Department of Motor Vehicles (DMV) to support public safety realignment instead; raises motor vehicle registration fees to backfill administrative funds at DMV. Results in about $300 millionin budget "solution." Ends the "revenue exchange period" enacted as part of 2004's "triple flip" Economic Recovery Bond statute.Results in reinstatement of quarter-cent portion of the local sales tax. This, in turn, shifts property tax from local governments back to K-14 education, thereby reducing need for state to make up for loss to education. Overall,results in quarter-cent local sales tax. No loss of revenuesto local government or K-14 education. Saves nearly $1billion in state General Fund costs.

Activity (5)

You've already reviewed this. Edit your review.
1 thousand reads
1 hundred reads

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->