Cal. Ed. Code § 100960

Current through the 2023 Legislative Session.

Section 100960 - Disbursements not subject to constitutional limitations

The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this chapter are not "proceeds of taxes" as that term is used in Article XIII B of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by that article.

Ca. Educ. Code § 100960

Added by Stats 2002 ch 33 (AB 16),s 31, approved 3/2/2004, Proposition 55 (click here to link to text of proposition 55).