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Joint Budget Committee votes 6–0 to introduce Proposition 123 revenue bill (LOS 25911)
Summary
The committee approved introducing LOS 25911 to make portions of Proposition 123 spending subject to appropriation, allow potential appropriations for Fort Lyons and Ridgeview state homeless campuses, and clarify maintenance-of-effort rules; motion passed 6–0 and the bill will start in the Senate.
The Joint Budget Committee voted unanimously to introduce LOS 25911, a bill addressing the allocation and appropriation mechanics for Proposition 123 funds.
Miss Bickel presented the draft and reminded members that Proposition 123 revenues — currently estimated at about $130 million to $140 million annually for the Department of Local Affairs (DOLA) — are continuously appropriated for housing-related activities. The bill would, among other things, make…
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