California Statutes
§ 100720. — 100720. (Added by Stats. 2002, Ch. 33, Sec. 30.)
California·Code EDC Education Code - EDC·Div. 14.·Title 3. DIVISION 14. MISCELLANEOUS·Part 68.1. PART 68.1. KINDERGARTEN–UNIVERSITY PUBLIC EDUCATION FACILITIES BOND ACT OF 2002·Ch. 3. CHAPTER 3. Higher Education Facilities·Art. 5. ARTICLE 5. Higher Education Fiscal Provisions
The Higher Education Facilities Finance Committee established pursuant to Section 67353 shall authorize the issuance of bonds under this chapter only to the extent necessary to fund the apportionments for the purposes described in this chapter that are expressly authorized by the Legislature in the annual Budget Act. Pursuant to that legislative direction, the committee shall determine whether or not it is necessary or desirable to issue bonds authorized pursuant to this chapter in order to carry out the purposes described in this chapter and, if so, the amount of bonds to be issued and sold. Successive issues of bonds may be authorized and sold to carry out those actions progressively, and it is not necessary that all of the bonds authorized to be issued be sold at any one time.
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California § 100720. (100720. (Added by Stats. 2002, Ch. 33, Sec. 30.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2002, Ch. 33, Sec. 30. Approved in Proposition 47 at the November 5, 2002, election.