California Statutes

§ 100420. — 100420. (Amended by Stats. 1999, Ch. 858, Sec. 14.)

California·Code EDC Education Code - EDC·Div. 14.·Title 3. DIVISION 14. MISCELLANEOUS·Part 68. PART 68. PUBLIC EDUCATION BONDS·Ch. 2. CHAPTER 2. Kindergarten Through 12th Grade·Art. 1. ARTICLE 1. Kindergarten Through 12th Grade School Facilities Program Provisions
(a)Of the proceeds from the sale of bonds, issued and sold pursuant to this chapter, as specified in subdivision (a) of Section 100410, not more than three billion three hundred fifty million dollars ($3,350,000,000) shall be allocated beginning in the 1998–99 fiscal year in accordance with the following schedule:
(1)Not less than one billion three hundred fifty million dollars ($1,350,000,000) for project funding related to the growth in enrollment of applicant school districts under Chapter 12 and Chapter 12.5 that have incurred or will incur enrollment increases.
(2)Not less than eight hundred million dollars ($800,000,000) for the reconstruction or modernization of facilities pursuant to Chapter 12 and Chapter 12.5.
(3)Not more than five hundred million dollars ($500,000,000) shall

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California § 100420. (100420. (Amended by Stats. 1999, Ch. 858, Sec. 14.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 1999, Ch. 858, Sec. 14. Effective January 1, 2000. Note: This section was added by Stats. 1998, Ch. 407, and approved in Prop. 1A on Nov. 3, 1998.
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