Displaying posts tagged with

“AB 155”

Even After End of Session, No End in Sight for State Budget

Californians awoke this morning to a new legislative environment – one in which the Legislature is limited in its ability to act on new legislation to measures that are urgency matters, include a tax levy, call for an election, or override the Governor’s veto. The 2009-10 Legislature concluded its regular business at midnight and now is in Final Recess.

Another Day, Another Post on the Municipal Bankruptcy Bill

AB 155 was approved today by the Senate Local Government Committee on a 3-1 vote. The Committee focused its discussions on new amendments that provide an alternative to the CDIAC process. Unfortunately, the potential for significant delay still exists, placing local programs and services at risk.

CSAC Girds for Late Summer Push

The California Legislature returns from its summer recess tomorrow and California’s counties are preparing for an onslaught of activity. Technically, the Legislature is supposed to adjourn August 30. With no budget resolution in sight, and a number of bills still active, it will be a very busy month.

AB 155 – Bankruptcy Bill Goes to the Inactive File

AB 155 – Bankruptcy Bill Moves to the Inactive File

AB 155: This Bill Could Be Your Worst Nightmare

It’s baaack… AB 155 will be heard by the Senate Local Government Committee on April 21. Ask yourself this: When your local agency faces an unprecedented fiscal crisis, exhausted all available remedies, and needs to restructure its finances, do you want the State of California to tell you what you can do next? Thought so.