Thanks to EBMUD for passing this information on to us:
Governor Brown has signed the drought legislation that the legislature passed last week, SB 103 and SB 104.
While the official chaptered versions of the bills with the chapter numbers are not yet available online, links are shown below to the final versions of the bills that the legislature passed and the governor signed. Now that the bills have been signed, the action on funding is in the hands of the funding agencies.
SB 103 can be found here http://www.leginfo.ca.gov/pub/13-14/bill/sen/sb_0101-0150/sb_103_bill_20140225_amended_asm_v97.pdf
SB 104 can be found here http://www.leginfo.ca.gov/pub/13-14/bill/sen/sb_0101-0150/sb_104_bill_20140226_amended_asm_v97.pdf