Cal. Gov. Code § 99077

Current through the 2024 Legislative Session.

Section 99077 - Pledge of state

The state hereby pledges and agrees with the holders of any bonds issued pursuant to this title that it will not reduce the rate of imposition of either of the taxes imposed pursuant to Sections 6051.5 and 6201.5 of the Revenue and Taxation Code, which generate the revenue deposited in the Fiscal Recovery Fund.

Ca. Gov. Code § 99077

Added by Stats 2003 ch 2 (AB X5-9),s 3, approved 3/2/2004, Proposition 57 (Click here to see text of Proposition 57).