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CALIFORNIA CODES
CALIFORNIA EDUCATION CODETitle 3 - POSTSECONDARY EDUCATIONDivision 14 - MISCELLANEOUSPart 72 - THE KINDERGARTEN THROUGH GRADE 12 SCHOOLS AND LOCAL COMMUNITY COLLEGE PUBLIC EDUCATION FACILITIES MODERNIZATION, REPAIR, AND SAFETY BOND ACT OF 2024Chapter 2 - KINDERGARTEN THROUGH GRADE 12
Article 2 - KINDERGARTEN THROUGH GRADE 12 SCHOOL FACILITIES FISCAL PROVISIONS
Section 101431 - Proceeds from sale of bonds not "proceeds of taxes"

Cal. Ed. Code § 101431

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Current through 2024 Legislative Session
Section 101431 - Proceeds from sale of bonds not "proceeds of taxes"

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, and the disbursement of these proceeds is not subject to the limitations imposed by that article.

Ca. Educ. Code § 101431

Added by Stats 2024 ch 81 (AB 247),s 28, eff. 11/6/2024 (Approved in Proposition 2 at the November 5, 2024 election.).