Today's Law As Amended


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AB-3228 School facilities: surplus real property: proceeds to pay emergency apportionment loan.(2017-2018)



As Amends the Law Today


SECTION 1.

 Section 17463.5 is added to the Education Code, to read:

17463.5.
 (a) Notwithstanding Sections 17456, 17457, 17462, and 17463, or any other law, a school district that receives an emergency apportionment pursuant to Article 2 (commencing with Section 41320) of Chapter 3 of Part 24 of Division 3 of Title 2, and has an outstanding balance on its emergency apportionment loan, may sell or lease surplus real property, together with any personal property located on the real property, owned by the school district and use the proceeds from the sale or lease to service the debt on the emergency apportionment loan or to reduce or retire the emergency apportionment loan. The sale of real property pursuant to this subdivision is not subject to Section 17459 or 17464.
(b) Notwithstanding any other law, a school district that uses the proceeds from the sale or lease of surplus real property pursuant to subdivision (a) shall not be eligible for financial hardship assistance pursuant to Article 8 (commencing with Section 17075.10) of Chapter 12.5 of Part 10.
(c) This section only applies to the Inglewood Unified School District, the Oakland Unified School District, the Vallejo City Unified School District, and the South Monterey County Joint Union High School District.
(d) Nothing in this section shall be construed as modifying the responsibility of a school district to house pupils in accordance with Section 47614.
(e) This section shall become inoperative on July 1, 2023, and, as of January 1, 2024, is repealed.
SEC. 2.
 The Legislature finds and declares that a special statute is necessary and that a general statute cannot be made applicable within the meaning of Section 16 of Article IV of the California Constitution because of the unique financial circumstances involving the Inglewood Unified School District, the Oakland Unified School District, the Vallejo City Unified School District, and the South Monterey County Joint Union High School District.