California 2023-2024 Regular Session Status: In Committee 1 R cosponsors

AB 2856 — Education finance: school facilities: The Archie-Hudson and Cunneen School Technology Revenue Bond Act: repeal.

Last action — Referred to Com. on ED.

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2023-2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

(1) Existing law, the Archie-Hudson and Cunneen School Technology Revenue Bond Act, authorizes the California School Financing Authority, upon receipt of aggregated repayment pledges by school districts of at least $5,000,000, to issue bonds for the exclusive purpose of establishing computer-based networks and telecommunications systems for instructional purposes, as specified, so long as the total amount of bonds issued and outstanding at any time under the act does not exceed $400,000,000, as provided. The act requires participating school districts to pledge a portion of their annual lottery revenue allocation from the California State Lottery Education Fund as a dedicated revenue source to repay bonds issued by the authority, and authorizes a school district to pledge the equivalent of up to 25% of the school district's allocation for the 1996–97 fiscal year from the California State Lottery Education Fund, as provided. The act requires the State Department of Education to include in its annual survey of schools on the use of lottery funds, the amount of lottery revenues expended to repay bonds issued pursuant to its provisions. This bill would repeal the Archie-Hudson and Cunneen School Technology Revenue Bond Act as of January 1, 2025.

Bill Text

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Action History

  1. Referred to Com. on ED.

  2. From printer. May be heard in committee March 17.

  3. Read first time. To print.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 121 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (121)

121 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance education
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Frequently asked questions

What does AB 2856 do?
(1) Existing law, the Archie-Hudson and Cunneen School Technology Revenue Bond Act, authorizes the California School Financing Authority, upon receipt of aggregated repayment pledges by school districts of at least $5,000,000, to issue bonds for the exclusive purpose of establishing computer-based networks and telecommunications systems for instructional purposes, as specified, so long as the total amount of bonds issued and outstanding at any time under the act does not exceed $400,000,000, as provided. The act requires participating school districts to pledge a portion of their annual lottery revenue allocation from the California State Lottery Education Fund as a dedicated revenue source to repay bonds issued by the authority, and authorizes a school district to pledge the equivalent of up to 25% of the school district's allocation for the 1996–97 fiscal year from the California State Lottery Education Fund, as provided. The act requires the State Department of Education to include in its annual survey of schools on the use of lottery funds, the amount of lottery revenues expended to repay bonds issued pursuant to its provisions. This bill would repeal the Archie-Hudson and Cunneen School Technology Revenue Bond Act as of January 1, 2025.
Who sponsors AB 2856?
AB 2856 is sponsored by Dahle, Megan (Republican).
What is the current status of AB 2856?
This bill died with 2023-2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track AB 2856?
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