California Statutes

§ 62306. — 62306. (Added by Stats. 2022, Ch. 266, Sec. 1.)

California § 62306.
JurisdictionCalifornia
Code GOVGovernment Code - GOV
Div.6.
Title 6.DIVISION 6. Climate Resilience Districts

This text of California § 62306. (62306. (Added by Stats. 2022, Ch. 266, Sec. 1.)) 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. Government Code - GOV Code § 62306. (2026).

Text

(a)A minimum of 95 percent of the allocated tax increment revenues pursuant to subdivision (b) of Section 62304 shall be used to fund eligible projects.
(b)Not more than 5 percent of allocated revenues may be used for administration.

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Legislative History

Added by Stats. 2022, Ch. 266, Sec. 1. (SB 852) Effective January 1, 2023.
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California § 62306., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/GOV/62306..