Cal. Health & Saf. Code § 125291.85

Current through the 2023 Legislative Session.

Section 125291.85 - Disbursement of proceeds

Inasmuch as the proceeds from the sale of bonds authorized by this article 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. Health and Saf. Code § 125291.85

Amended by Proposition 71, Sec. 5, enacted by the people of the State of California 11/2/2004, eff. 11/3/2004.