Bill > ACA1

Introduced Session

This measure would change the 1.5% required transfer to an undetermined percentage of the estimated amount of General Fund revenues for that fiscal year. The measure would change the 10% limit on the balance in the Budget Stabilization Account to 20% of the amount of the General Fund proceeds of taxes for the fiscal year estimate, as specified. The measure would specify that funds transferred under these provisions to the Budget Stabilization Account do not constitute appropriations subject to the above-described annual appropriations limit.

Avelino Valencia (D)*,  David Alvarez (D),  Anamarie Avila Farias (D),  Steve Bennett (D),  Tasha Boerner Horvath (D),  Isaac Bryan (D),  Juan Carrillo (D),  Mike Gipson (D),  John Harabedian (D),  Gregg Hart (D),  Corey Jackson (D),  Sharon Quirk-Silva (D),  James Ramos (D),  Jose Solache (D),  Esmeralda Soria (D),  Chris Ward (D), 

Introduced measure version corrected. (on 01/29/2025)

Official Document