California Dem Introduces Bill To Divert Surplus Funds to Reparations Amid Historic Budget Deficit

A California Democrat last week introduced a bill that would divert reserve funds from an economic relief fund to pay for reparations amid a historic budget deficit in the state. California law requires unspent money from the state’s General Fund to go to the Special Fund for Economic Uncertainties (SFEU), a reserve that lawmakers have broad discretion to use for public purposes. Democratic state senator Steven Bradford’s S.B. 1331 would require the state’s controller, its chief fiscal officer, to put 6 percent of the money transferred to the SFEU into a reparations fund the bill would create. “The bill would require the controller to transfer from the Special Fund for Economic Uncertainties to the Fund for Reparations and Restorative Justice an amount equal to 6 percent of transfers from the General Fund to the Special Fund for Economic Uncertainties, as specified,” the text reads. The reparations fund would give money to “policies that indemnify African-American descendants of a chattel enslaved person or descendants of a free black person living in the United States prior to the end of the 19th century.” Bradford’s bill came days before a government watchdog warned that California’s budget deficit swelled to $73 billion, due to...