BILL ANALYSIS                                                                                                                                                                                                    Ó



                                                                     AB 133


                                                                    Page  1


          (Without Reference to File)





          CONCURRENCE IN SENATE AMENDMENTS


          AB  
          133 (Committee on Budget)


          As Amended  February 22, 2016


          Majority vote. Budget Bill Appropriation Takes Effect  
          Immediately


           -------------------------------------------------------------------- 
          |ASSEMBLY:  |      |(March 23,     |SENATE: |40-0  |(February 29,    |
          |           |      |2015)          |        |      |2016)            |
          |           |      |               |        |      |                 |
          |           |      |               |        |      |                 |
           -------------------------------------------------------------------- 
                 (vote not relevant)




          Original Committee Reference:  BUDGET


          SUMMARY:  Amends the Budget Act of 2015 to increase funding for  
          debt repayment and reflect costs associated with wildfire  
          recovery activities.  Specifically, this bill:  


          1)Appropriates $240 million to prepay retiree health benefits.
          2)Appropriates $173 million to repay a $173 million loan related  
            to the Traffic Congestion Relief Fund loans.  This funding  








                                                                     AB 133


                                                                    Page  2


            would be used for the following purposes:


             a)   $148 million for Traffic Congestion Relief fund  
               projects;
             b)   $11 million for trade corridor improvements;


             c)   $9 million for the Transit and Intercity Rail Capital  
               program; and


             d)   $5 million for the State Highway Operations and  
               Protection Program. 


          3)Appropriates $105 million of Waste Reduction and Management  
            funds for fire recovery and debris removal related to recent  
            fires in Lake and Calaveras counties.
          4)Increases funding for the University of California by $1.855  
            million to enroll 48 students in the San Joaquin Valley  
            Medical Program.


          FISCAL EFFECT:  This would increase the overall budget  
          appropriation by $520 million all funds.  


          COMMENTS:  This bill amends the 2015 Budget Act


          Analysis Prepared by:                                             
                          Christian Griffith / BUDGET / (916) 319-2099   
          FN: 0002628
















                                                                     AB 133


                                                                    Page  3