Open States' stated mission is to improve civic engagement.
To be true to that goal, we can not stand by and be silent when a large portion of Americans face systemic racism and other forms of oppression. That oppression has meant being excluded from civic participation at the ballot box, being called un-American for peaceful protests, and being denied justice for crimes committed against them.
(1) Existing law, until September 1, 2011, enacts a cash management plan to authorize the Controller, Treasurer, and Director of Finance to defer General Fund payments for up to 60 or 90 days, as specified, beginning July 2010, for specific entities, including county offices of education, public schools, and charter schools, subject to certain conditions. Existing law provides a process by which county offices of education, public schools, and charter schools may receive payments that would otherwise be deferred if certain determinations are made and the Department of Finance is notified on or before May 17, 2010. Existing law also provides for the deferral of specified apportionments from the Highway Users Tax Account in the Transportation Tax Fund to cities, counties, and cities and counties from July 2010 to March 2011, inclusive.
This bill would require the Controller, Treasurer, and Director of Finance to implement and carry out a cash management plan to meet specified goals concerning a short-term General Fund cash shortage until sufficient external borrowing for the 2010â€“11 fiscal year may be secured. In implementing and carrying out this plan, the bill would state that these officials have all of the applicable constitutional and statutory authority available to them, including, but not limited to, specific authority granted by enactments in the 2009â€“10 8th Extraordinary Session. The bill would, until January 1, 2011, specifically authorize the deferral of specific kindergarten and grades 1 to 12, inclusive, apportionment and categorical payments, community college apportionments, and Cal Grant payments. The bill would prioritize repayments of these deferrals if external borrowing is secured in the amount of $3,200,000,000 or more. The bill would also revise the payment schedule for transfers to the Supplemental Benefit Maintenance Account in the Teachers' Retirement Fund.
(2) This bill would declare that it is to take effect immediately as an urgency statute.