Higher Education Facilities Program - Public Education Facilities Bond Act Of 1996 - CA Education

Section § 100110

This section states that California's future economic and social success depends on a robust higher education system that can adapt to growth. The state's economy will need a skilled and competitive workforce.

California's public higher education system includes various institutions like the University of California, California State University, and California Community Colleges, all critical for maintaining the state's leading position in U.S. higher education.

Recent studies by these institutions reveal significant long-term and short-term funding needs amounting to billions of dollars.

The main goal of this law is to help finance the infrastructure needs of California's public higher education system.

The Legislature finds and declares all of the following:

(a) California’s economic and social prosperity relies on a higher education system that keeps pace with California’s growth. In the coming decades, the state’s economic prosperity will depend on increasing the productivity of the work force and on the ability to compete successfully in the world marketplace.

(b) The system of public higher education in this state includes the University of California, comprising 9 campuses, the California State University, comprising 22 campuses, including the California Maritime Academy, a specialized institution, the California Community Colleges, consisting of 71 districts and 107 campuses, the college named in Section 92200, and their respective off-campus centers. Each of these institutions plays a vital role in maintaining California’s dominance in higher education in the United States.

(c) Over the last several years, studies have been completed by the University of California, the California State University, and the California Community Colleges to assess their long-term and short-term capital needs. Those studies demonstrate that the long-term and short-term needs total, in the aggregate, several billion dollars.

(d) The purpose of this article is to assist in meeting the capital outlay financing needs of California’s public higher education system.

higher education funding University of California California State University California Community Colleges economic prosperity workforce productivity capital needs assessment infrastructure financing public higher education institutions California Maritime Academy education system growth world marketplace competition long-term capital needs short-term capital needs California economic growth

(Amended by Stats. 2022, Ch. 478, Sec. 31. (AB 1936) Effective January 1, 2023.)

Section § 100115

This section states that $975 million from bonds will be placed into a special fund called the 1996 Higher Education Capital Outlay Bond Fund. This fund is specifically created to support higher education infrastructure projects.

Nine hundred seventy-five million dollars ($975,000,000) of the proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the 1996 Higher Education Capital Outlay Bond Fund, which is hereby created.

bond proceeds 1996 Higher Education Capital Outlay Higher Education Capital Outlay Bond Fund higher education infrastructure funding bond fund creation capital outlay projects infrastructure development education funding bond issuance California education bonds capital improvement educational facilities investments college infrastructure university funding state bond allocations

(Amended by Stats. 2013, Ch. 28, Sec. 3. (SB 71) Effective June 27, 2013. Note: This section was added by Stats. 1996, Ch. 1, and approved in Prop. 203 on March 26, 1996.)

Section § 100120

This section authorizes California's Higher Education Facilities Finance Committee to create debt to fund construction and renovation projects for state universities and colleges. The funds can be used for building new facilities, renovating existing buildings, acquiring necessary fixtures, and covering planning and construction costs. Additionally, off-campus facilities for the California State University are included if approved by the CSU Trustees by July 1, 1990.

It also clarifies that including the college mentioned in Section 92200 doesn't change existing funding rules, but is intended to better explain the Legislature's intentions in past bond acts.

(a) The Higher Education Facilities Finance Committee created pursuant to Section 67353 shall be and is hereby authorized to create a debt or debts, liability or liabilities, of the State of California pursuant to this chapter for the purpose of funding aid to the University of California, the California State University, the California Community Colleges, and the college named in Section 92200 for the construction, including the construction of buildings and the acquisition of related fixtures; the equipping of new, renovated, or reconstructed facilities; funding for the payment of preconstruction costs, including, but not limited to, preliminary plans and working drawings; renovation and reconstruction of facilities; and the construction or improvement of off-campus facilities of the California State University approved by the Trustees of the California State University on or before July 1, 1990, including the acquisition of sites upon which these facilities are to be constructed.

(b) The addition of the college named in Section 92200 to this section is not intended to mark a change from the funding authorizations made by Section 67354, as contained in the Higher Education Facilities Bond Act of 1986, or Section 67334, as contained in the Higher Education Facilities Bond Act of 1988, but is intended to state more clearly what was intended by the Legislature in those sections as well.

Higher Education Facilities Finance Committee University of California funding California State University projects community college construction college facilities funding off-campus facilities CSU Trustees approval construction costs facility renovation preconstruction costs site acquisition Legislature intention 1986 Bond Act 1988 Bond Act Section 92200 inclusion

(Amended by Stats. 2022, Ch. 478, Sec. 32. (AB 1936) Effective January 1, 2023.)

Section § 100121

This law requires the Board of Governors of the California Community Colleges to evaluate the historical importance of community college district buildings that are at least 50 years old if those buildings are scheduled for renovation, reconstruction, or demolition using funds from the specified chapter.

The Board of Governors of the California Community Colleges shall consider the historic significance of community college district buildings that are 50 years of age or older if those buildings are to be renovated, reconstructed, or demolished in connection with the construction of buildings utilizing the funds provided by this chapter.

community college buildings historic significance building renovation reconstruction demolition 50 years old California Community Colleges Board of Governors fund allocation educational infrastructure preservation historic evaluation building age criteria construction projects district buildings

(Added by Stats. 1996, Ch. 1, Sec. 1. Approved in Proposition 203 at the March 26, 1996, election.)