President Barack Obama walks with California Governor Jerry Brown, and Joe and Maria Del Bosque of Empresas Del Bosque farm, addressing California's drought situation Friday, Feburary 14, 2014 in Los Banos.

Governor Jerry Brown announced more than $680 million in emergency relief fuding today.

The governor and legislative leaders unveiled a proposal this afternoon that will provide between $687 million to combat the drought by capturing and recycling water.

Allocations will also be set aside to provide emergency food shelter to farmworkers that are out of work because of fallowed fields, and to supply communities with water that are running dangerously low. 

Much of the cash would come from a water bond that voters approved in 2006.

The legislation is expected in the next couple of weeks.

When pressed about mandatory water reduction now or if the drought conditions worsen, Gov. Jerry Brown would only say, "What needs to be done, will be done."

With Califonia facing one of the most severe droughts on record, Brown announced an emergency drought declaration last month. He asked residents to voluntarily cut back on water usage by 20 percent. 

Just last week, President Barack Obama visited California to assess the drought situration. The President called California's drought a "national concern."

Senate President Pro Tem Darrell Steinberg and Assembly Speaker John Perez joined Brown for the announcement of the legislation.