Skip to content

Education finance: Education Equalization Act: Equalization Reserve Account.

Passed first chamber: it can still change before the session ends.

CA SB 743 · Senate Bill · 2025–2026

Draft a letter
Stage
Passed first chamber
Started in
Senate
Sponsor
1
Latest action
Aug 29, 2025

What it does

Existing law establishes a public school financing system that requires state funding for county superintendents of schools, school districts, and charter schools to be calculated pursuant to a local control funding formula (LCFF) , as specified. Under existing law, school districts that receive local revenues that exceed the LCFF amount do not receive a specified apportionment of LCFF funds, as provided, and are known as "basic aid school districts" or "excess tax entities."

Read the full text

Where it stands

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Current step)

    Passed first chamber · Aug 29, 2025

  4. Law (Not started)

What moved

Loading recorded actions…

Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

Reporting that may mention this subject. Possible matches are labeled.

Loading coverage…

Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

Education finance: Education Equalization Act: Equalization Reserve Account. | 52