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Assemblymember Valencia Bills Signed Into Law, Adding to Record on Government Accountability

SACRAMENTO, CA – Government accountability and oversight have been a throughline of Assemblymember Avelino Valencia's legislative work, with a consistent emphasis on ensuring that money is spent as intended. Governor Newsom has now signed two more bills by Assemblymember Valencia (D-Anaheim) that tighten how California tracks campaign money and add guardrails to how campaign funds may be spent on security.

Asm. Valencia, State Leaders, Announce the Save For California’s Future Act to Strengthen the Rainy Day Fund, Fiscal Responsibility to Protect Future Generations

SACRAMENTO, CA – On Tuesday, the Assembly, Senate and Governor announced the Save For California’s Future Act — a constitutional amendment that strengthens the rainy day fund to better prepare for economic uncertainty and protect future generations of Californians. Through this act, California will help protect core programs and safeguard access to critical resources that millions rely on by increasing the cap on the state’s rainy day fund. California families understand and expect responsible financial planning — setting aside savings during the good times to prepare for unexpected challenges should they come. The state must continue to operate with the same fiscal prudence.