California Education Code

§ 41206.04

EDC § 41206.04 Effective Oct 13, 2025Div. 3 · Title 2 · Part 24 · Ch. 2

Statute text

(a)(1) The Legislature finds and declares all of the following:

(A)The calculation of the state’s minimum funding obligation pursuant to subdivision (b) of Section 8 of Article XVI of the California Constitution must be based upon actual tax revenue data when it is available.

(B)Due to winter storms in early 2023, the United States Internal Revenue Service extended the tax filing deadlines for the 2022 tax year to November 16, 2023, for over 99 percent of California taxpayers. The Franchise Tax Board conformed to this action and extended the state income and corporate tax filing deadlines to November 16, 2023. Because of these extensions, the Legislature did not have actual 2022 tax revenue data at the time the Budget Act of 2023 (Chs. 12, 38, and 189, Stats. 2023) was enacted upon which to determine the accurate state minimum funding obligation for the 2022–23 fiscal year.

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Legislative history

Amended by Stats. 2025, Ch. 744, Sec. 2. (SB 147) Effective October 13, 2025.