California § 41207.5. 41207.5. (Added by Stats. 2004, Ch. 899, Sec. 2.)

California Statutes

§ 41207.5. — 41207.5. (Added by Stats. 2004, Ch. 899, Sec. 2.)

California § 41207.5.

JurisdictionCalifornia

Code EDCEducation Code - EDC

Div.3.

Title 2.DIVISION 3. LOCAL ADMINISTRATION

Part 24.PART 24. SCHOOL FINANCE

Ch. 2.CHAPTER 2. Determination of Minimum Level of Education Funding

This text of California § 41207.5. (41207.5. (Added by Stats. 2004, Ch. 899, Sec. 2.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Education Code - EDC Code § 41207.5. (2026).

Text

There is hereby established in the General Fund the Proposition 98 Reversion Account.  The Legislature shall, from time to time, transfer into the Proposition 98 Reversion Account moneys previously appropriated in satisfaction of the requirements of Section 8 of Article XVI of the California Constitution that have not been disbursed or otherwise encumbered for the purposes for which they were appropriated.  Moneys that are appropriated in satisfaction of the minimum funding obligation under Section 8 of Article XVI of the California Constitution that would otherwise revert to the unexpended balance of the General Fund shall instead be deposited in the Proposition 98 Reversion Account.

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There is hereby established in the General Fund the Proposition 98 Reversion Account. The Legislature shall, from time to time, transfer into the Proposition 98 Reversion Account moneys previously appropriated in satisfaction of the requirements of Section 8 of Article XVI of the California Constitution that have not been disbursed or otherwise encumbered for the purposes for which they were appropriated. Moneys that are appropriated in satisfaction of the minimum funding obligation under Section 8 of Article XVI of the California Constitution that would otherwise revert to the unexpended balance of the General Fund shall instead be deposited in the Proposition 98 Reversion Account.