California Statutes
§ 100050. — 100050. (Added by Stats. 2016, Ch. 804, Sec. 19.)
California·Code GOV Government Code - GOV·Title 21. TITLE 21. THE CALSAVERS RETIREMENT SAVINGS TRUST ACT
Funding for startup and first-year administrative costs may be appropriated from the General Fund in the annual Budget Act. The board shall repay the amount appropriated, plus interest calculated at the rate earned by the Pooled Money Investment Account. Necessary administrative costs in future years shall be paid out of the administrative fund.
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California § 100050. (100050. (Added by Stats. 2016, Ch. 804, Sec. 19.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2016, Ch. 804, Sec. 19. (SB 1234) Effective January 1, 2017.