Cal. Const., art. IV, § 12.5 · Article IV. LEGISLATIVE
Cal. Const., art. IV, § 12.5
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Within 10 days following the submission of a budget pursuant to subdivision (a) of Section 12, following the proposed adjustments to the Governor’s Budget required by subdivision (e) of Section 13308 of the Government Code or a successor statute, and following the enactment of the budget bill, or as soon as feasible thereafter, the Director of Finance shall submit to the Legislature both of the following:
(a) Estimates of General Fund revenues for the ensuing fiscal year and for the three fiscal years thereafter.
(b) Estimates of General Fund expenditures for the ensuing fiscal year and for the three fiscal years thereafter.
Notes and commentary — not constitutional text
History
Sec. 12.5 added Nov. 4, 2014, by Prop. 2. Res.Ch. 1, 2013-14 2nd Ex. Sess.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=CONS§ionNum=SEC.%2012.5.&article=IV
- Text hash
- sha256 41f761b07d083b0859fc18e9ae89e7cd3a03cab902f6231858cc50dbf8388c66
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- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
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