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SENATE BILL 1266 (PERATA – 2006)

CHAPTER 25, STATUTES OF 2006

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As enacted Senate Bill 1266 added Chapter 12.49 (commencing with Section 8879.20) to the Government Code, relating to transportation, and provided the funds necessary through an election for the issuance and sale of bonds.  (See Exhibit A, #1d)  As introduced on February 9, 2006 by Senator Perata and amended on April 20, 2006 Senate Bill 1266 proposed to amend Education Code section 42238.51 only. (See Exhibit A, #1a and #1b)  The last amendment to the bill dated May 4, 2006 gutted the bill and replaced it with the provisions to enact the Highway Safety, Traffic Reduction, Air Quality, and Port Security Bond Act of 2006.  (See Exhibit A, #1c) 

Senate Bill 1266 was first assigned to the Senate Committee on Education where policy issues raised by the bill were considered.  (See Exhibit A, #3)  The fiscal ramifications of the bill were considered by the Senate Committee on Appropriations.  (See Exhibit A, #5)  Two amendments were made to Senate Bill 1266.  (See Exhibit A, #1b, #1c, and #2)  As mentioned above, the last amendment gutted the bill and used it as an appropriations bill.  (See Exhibit A, #1c) Subsequent to legislative approval, Governor Arnold Schwarzenegger signed Senate Bill 1266 on May 16, 2006 and it was recorded by the Secretary of State on that day as Chapter 25 of the Statutes of 2006.  (See Exhibit A, #1d)

The Third Reading analysis prepared by the Office of Senate Floor Analyses provides the following digest of Senate Bill 1266 as it was last amended on May 4, 2006:

This bill authorizes the sale of $18.925 billion of general obligation bonds for a spectrum of transportation related capital improvements, upon voter approval at the November 7, 2006 statewide general election.

(See Exhibit A, #6, page 1)