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Legislature and Governor Announce Final Budget Agreement – Capital Outlay and Student Housing

Monday, June 27, 2022 – Legislative leaders and the Governor announced they have arrived at a final budget agreement. Today the Senate and Assembly Budget Committees reviewed two bills that amend previously-approved budget bills and 27 trailer bills to implement the budget. AB/SB 178 is the “Budget Bill Junior” that will amend SB 154, the 2022 placeholder budget bill that was passed by the Legislature on June 13. The Legislature is expected to take AB/SB 178 and some or all of the trailer bills up for a vote on the floor later this week. Note that there are Assembly Bill and Senate Bill versions of each bill, with identical content; we don’t yet know which version of each will be passed and sent to the Governor.

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