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HomeEducation CodeDiv. 14Pt. 69Ch. 2Art. 2§ 101021 School Building Finance Committee

§ 101021 School Building Finance Committee

Education Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 101021 School Building Finance Committee

This law creates a special group of state officials to look after money for school buildings, says who can be on the group, that they don’t get paid, and tells who leads and advises it.

Key Takeaways

  • •The committee is made up of the Governor, Controller, Treasurer, Director of Finance, and Superintendent (or their reps) and they work without pay.
  • •The Treasurer is the chairperson of the committee.
  • •Two senators and two assembly members can advise the committee, as long as it doesn’t clash with their legislative jobs.
  • •The Director of Finance helps the committee when needed, and the Attorney General is the legal adviser.

Example

A city wants to build a new elementary school and needs to figure out how to pay for it.

The State School Building Finance Committee, led by the Treasurer, meets to plan the funding. Two senators and two assembly members can give advice, the Director of Finance helps with numbers, and the Attorney General makes sure everything follows the law.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 101021 School Building Finance Committee

The State School Building Finance Committee, established by Section 15909 and composed of the Governor, the Controller, the Treasurer, the Director of Finance, and the Superintendent, or their designated representatives, all of whom shall serve thereon without compensation, and a majority of whom shall constitute a quorum, is continued in existence for the purpose of this chapter. The Treasurer shall serve as chairperson of the committee. Two Members of the Senate appointed by the Senate Committee on Rules, and two Members of the Assembly appointed by the Speaker of the Assembly, shall meet with and provide advice to the committee to the extent that the advisory participation is not incompatible with their respective positions as Members of the Legislature. For the purposes of this chapter, the Members of the Legislature shall constitute an interim investigating committee on the subject of this chapter and, as that committee, shall have the powers granted to, and duties imposed upon, those committees by the Joint Rules of the Senate and the Assembly. The Director of Finance shall provide assistance to the committee as it may require. The Attorney General of the state is the legal adviser of the committee. (Added by Stats. 2006, Ch. 35, Sec. 16. Approved in Proposition 1D at the November 7, 2006, election.)

Last verified: January 10, 2026

Key Terms

State School Building Finance CommitteeSection 15909TreasurerDirector of FinanceAttorney General

Related Statutes

  • § 100827 School Building Finance Committee
  • § 101421 School Building Finance Committee
  • § 100427 School Building Finance Committee
  • § 100440 Bond Fund Withdrawal Authority
  • § 100640 School Bond Fund Withdrawal

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Education Code. Section 101021.
View Official Source