Home/California/Statutes/Code EDC: Education Code - EDC/Div.: 5./Title 3.: DIVISION 5. GENERAL PROVISIONS/Part 40.: PART 40. DONAHOE HIGHER EDUCATION ACT/Ch. 14.6.: CHAPTER 14.6. Higher Education Facilities Bond Act of June 1992/Art. 3.: ARTICLE 3. Fiscal Provisions/§ 67359.5.
California Statutes

§ 67359.5. — 67359.5. (Added by Stats. 1992, Ch. 13, Sec. 1.)

California·Code EDC Education Code - EDC·Div. 5.·Title 3. DIVISION 5. GENERAL PROVISIONS·Part 40. PART 40. DONAHOE HIGHER EDUCATION ACT·Ch. 14.6. CHAPTER 14.6. Higher Education Facilities Bond Act of June 1992·Art. 3. ARTICLE 3. Fiscal Provisions
The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that term is used in Article XIII B of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by that article.

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California § 67359.5. (67359.5. (Added by Stats. 1992, Ch. 13, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1992, Ch. 13, Sec. 1. Approved in Proposition 153 at the June 2, 1992, election.

Nearby Sections

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§ 67359.
67359. (Added by Stats. 1992, Ch. 13, Sec. 1.)
§ 67359.1.
67359.1. (Added by Stats. 1992, Ch. 13, Sec. 1.)
§ 67359.2.
67359.2. (Added by Stats. 1992, Ch. 13, Sec. 1.)
§ 67359.20.
67359.20. (Amended by Stats. 2001, Ch. 745, Sec. 34.)
§ 67359.3.
67359.3. (Added by Stats. 1992, Ch. 13, Sec. 1.)
§ 67359.4.
67359.4. (Added by Stats. 1992, Ch. 13, Sec. 1.)
§ 67359.5.
67359.5. (Added by Stats. 1992, Ch. 13, Sec. 1.)
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