On Monday, June 27, 2016, the Governor signed SB 826, the 2016-17 Budget Act, and a number of trailer bills to implement policy changes in the budget. For the first time since the 1980’s, the Governor did not exercise his line-item veto authority to reduce or eliminate any of the budget appropriations passed by the Legislature.
The budget includes $122.5 billion in General Fund expenditures, $51.6 billion of which is slated for K-12 education programs. The budget prioritizes preparing for the next economic downturn, one of the Governor’s top priorities, by placing an extra $2 billion into the state’s Rainy Day Fund, bringing the total fund balance to $6.7 billion. The budget also addresses one of the Legislature’s top priorities by including $400 million for affordable housing, tied to future regulatory reform, and authorizing development of a $2 billion bond program to address homelessness for individuals with mental health needs. Details of this program are still being negotiated.
Legislative Update The Legislature concluded its business for the year on September 11, 2015, and will reconvene in Sacramento on January 4, 2016. The Governor had until October 11, 2015, to sign or veto bills. Below is an update on final actions for C.A.S.H. priority bills that made it to the Governor’s desk. Continue reading →
The Legislature completed its business and went into interim recess on September 11, and the Governor had until midnight on Sunday, October 11 to sign or veto bills on his desk. Legislators will return to Sacramento on January 4, 2016, to kick off the second year of the 2015-16 legislative session, at which time bill introductions will begin again in earnest. Continue reading →