Asm. Avelino Valencia

(1) The California Constitution establishes the Budget Stabilization Account and requires the Controller to transfer from the General Fund to the account, no later than October 1 of each fiscal year, a sum equal to 1.5% of the estimated amount of General Fund revenues for that fiscal year. The Department of Finance is required to report specified information to the Legislature, including (A) an estimate of the amount of General Fund proceeds of taxes that may be appropriated for that fiscal year, (B) an estimate of the portion of that amount that is derived from personal income taxes paid on net capital gains, and (C) the portion of the estimate in (B) that exceeds 8% of the estimate made in (A) . Notwithstanding the requirement for the Controller to transfer 1.5% of General Fund revenues for each fiscal year to the account, for the 2015–16 fiscal year to the 2029–30 fiscal year, inclusive, the California Constitution instead requires 50% of that amount and 50% of the amount described in (C) to be transferred to the Budget Stabilization Account. The California Constitution requires the remaining 50% to be appropriated for unfunded liabilities and other specified purposes. Commencing with the 2027–28 fiscal year, this measure would require the Department of Finance to report the sum of the portion of the estimate in (B) that exceeds 8%, but does not exceed 10%, of the estimate in (A) and 150% of the estimate in (B) that exceeds 10% of the estimate in (A) . The measure would require 50% of that sum and 50% of the amount equal to 1.5% of the estimated amount of General Fund revenues for the fiscal year to be transferred to the Budget Stabilization Account each fiscal year until the 2039–40 fiscal year, and it would require the remaining 50% to be appropriated for unfunded liabilities and other specified purposes. The measure would add repayment of federal loans relating to unemployment insurance to the purposes for which the remaining 50% may be appropriated. The California Constitution limits the amount that is required to be transferred to the Budget Stabilization Account for any fiscal year from exceeding an amount that would result in a balance in the account that, when the transfer is made, exceeds 10% of the estimated amount of the General Fund proceeds of taxes for the fiscal year, as specified. This measure would increase that limit to 20% of the estimated amount of the General Fund proceeds of taxes for the fiscal year. (2) The California Constitution creates the Public School System Stabilization Account in the General Fund and requires the Controller to transfer specified amounts from the General Fund to the account. Upon a proclamation by the Governor declaring a budget emergency, the Legislature may suspend or reduce transfers to the Budget Stabilization Account or Public School System Stabilization Account, return funds in the Budget Stabilization Account to the General Fund, and appropriate funds in the Public School System Stabilization Account for the support of school districts and community college districts. The California Constitution defines "budget emergency" for these purposes to mean (A) the existence of conditions of disaster or extreme peril, as declared by the Governor, or (B) a determination by the Governor that estimated resources are inadequate to fund General Fund expenditures for the current or ensuing fiscal year at a level equal to the highest amount of total General Fund expenditures estimated at the time of enactment of any of the three most recent Budget Acts. The California Constitution requires the Governor, within the first 10 days of each calendar year, to submit to the Legislature a proposed budget for the fiscal year commencing on July 1 of that calendar year. Under existing statutory law, the Director of Finance is required to submit a revised budget proposal to the Legislature on or before May 14. Under this measure, the revised budget proposal submitted on or before May 14, or any other budgetary revision required to be submitted to the Legislature, would constitute the Governor's proclamation of a budget emergency if the above-described conditions for a budget emergency exist, and if the budgetary revision proposes to suspend or reduce transfers from the General Fund to the Budget Stabilization Account or Public School System Stabilization Account, return funds in the Budget Stabilization Account to the General Fund, or appropriate money from the Public School System Stabilization Account. (3) The California Constitution prohibits the total annual appropriations subject to limitation of the State and of each local government from exceeding the appropriations limit of the entity of government for the prior year, adjusted for the change in the cost of living and the change in population. The California Constitution defines "appropriations subject to limitation" of the State for these purposes. This measure would exclude both of the following from the appropriations subject to limitation of the State commencing with the 2027–28 fiscal year: (A) transfers to the Budget Stabilization Account; and (B) transfers to a General Fund reserve account established by the Legislature known as the Projected Surplus Temporary Holding Account, provided that the amount not subject to limitation may not exceed 10% of the amount of General Fund proceeds of taxes for the applicable fiscal year. Funds withdrawn, transferred, or appropriated from those reserve accounts, if they were not counted previously as appropriations subject to limitation of the State when deposited, would constitute appropriations subject to limitation of the State in the fiscal year in which the withdrawal, transfer, or appropriation occurs.

Maddy summaryThis House Resolution officially designates the week of July 17 to July 26, 2026, as California Craft Beer Week to celebrate the state's brewing heritage. The bill highlights the industry's significant economic impact, noting that it supports nearly 1,000 breweries and approximately 46,700 jobs across the state. By proclaiming this specific time frame, the resolution aims to recognize the contributions of craft brewers to California's economy and community life.

Maddy summaryThis House Resolution officially designates June 2026 as Lesbian, Gay, Bisexual, Transgender, and Queer (LGBTQ+) Pride Month in California. The measure serves as a commemorative acknowledgment of the community's contributions to society and highlights historical milestones, such as recent Supreme Court rulings on marriage equality and the appointment of openly LGBTQ+ officials to federal cabinet positions. By recognizing these achievements, the resolution aims to promote awareness and celebrate the progress made toward equality and inclusion within the state.

Maddy summaryThis bill designates May 2026 as Lyme Disease Awareness Month to highlight the importance of recognizing and preventing the disease. It does not change laws or allocate funding but serves as a formal proclamation to encourage public education and awareness during that time. The measure directly affects state officials and the general public by setting aside a specific month for focus on Lyme disease prevention.

Maddy summaryThis bill designates the week of May 10 to May 16, 2026, as Stuttering Awareness and Acceptance Week. It serves as a commemorative resolution intended to raise public recognition for individuals who stutter. The measure does not create new laws or change government operations, but rather formally acknowledges the importance of supporting this community.

Maddy summaryThis bill designates May 16, 2026, as World Agritourism Day. It is a commemorative resolution that directly affects the state by officially recognizing this specific date. The measure does not create new laws, impose regulations, or allocate funds, but rather serves to acknowledge the significance of agritourism. Once enacted, the date will be recorded in the state statutes as an official observance.

This measure would proclaim May 2026 as Jewish American Heritage Month in California, would commend the Jewish American community for its profound contributions to California's growth, innovation, and diversity, and would state that the Legislature encourages all Californians to celebrate Jewish American Heritage Month, as specified.

This measure would recognize May 4, 2026, to May 8, 2026, inclusive, and every first week of May thereafter, as Black Health Equity Advocacy Week, and commend the California Black Health Network and other organizations throughout the state for their efforts to improve the health, well-being, and life expectancy of Black Californians.

This measure would declare May 25, 2026, as Missing Children's Day in the State of California, recognize the efforts of families, law enforcement, and organizations that work to bring missing children home, and proclaim that every child deserves a safe childhood.

Maddy summaryThis bill designates the week of May 1 through May 7, 2026, as California Physical Education Week. It serves as a commemorative resolution intended to highlight the importance of physical education in schools. The measure does not alter existing laws or funding but simply establishes an official timeframe for recognition and awareness.