Cal. Welf. and Inst. Code § 5893

Current through the 2024 Legislative Session.
Section 5893 - Carry forward of funds
(a) In any year in which the funds available exceed the amount allocated to counties, such funds shall be carried forward to the next fiscal year to be available for distribution to counties in accordance with Section 5892 in that fiscal year.
(b) All funds deposited into the Mental Health Services Fund shall be invested in the same manner in which other state funds are invested. The fund shall be increased by its share of the amount earned on investments.
(c) If amendments to the Mental Health Services Act are approved by the voters at the March 5, 2024, statewide primary election, this section shall become inoperative on July 1, 2026, and as of January 1, 2027, is repealed.

Ca. Welf. and Inst. Code § 5893

Amended by Stats 2023 ch 790 (SB 326),s 101, eff. 10/12/2023, op. Amendments to the Mental Health Services Act approved in Proposition 1 at the March 5, 2024, election..
Added by Proposition 63, enacted by the people of the State of California November 2, 2004, eff. 1/1/2005.