California Statutes
§ 41963. — 41963. (Amended by Stats. 1994, Ch. 922, Sec. 55.)
California § 41963.
JurisdictionCalifornia
Code EDCEducation Code - EDC
Div.3.
Title 2.DIVISION 3. LOCAL ADMINISTRATION
Part 24.PART 24. SCHOOL FINANCE
Ch. 5.CHAPTER 5. Foundation Program
Art. 16.ARTICLE 16. Allowances for Severance Aid
This text of California § 41963. (41963. (Amended by Stats. 1994, Ch. 922, Sec. 55.)) 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 § 41963. (2026).
Text
No allowance of severance aid shall be made as provided in Section 41960 unless the total assessed value of taxable real property within the school district is reduced by one-half of one (0.5) percent or more during a fiscal year by reason of acquisitions giving rise to severance aid as provided in Section 41960. In determining whether or not the value of the acquisitions is equal to one-half of one (0.5) percent or more of the value of taxable real property, all of these acquisitions made during each fiscal year shall be considered as one sum.
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Legislative History
Amended by Stats. 1994, Ch. 922, Sec. 55. Effective January 1, 1995.
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California § 41963., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/EDC/41963..