California Statutes
§ 99076. — 99076. (Added by Stats. 2003, 5th Ex. Sess., Ch. 2, Sec. 3.)
California·Code GOV Government Code - GOV·Title 18. TITLE 18. THE ECONOMIC RECOVERY BOND ACT·Ch. 4. CHAPTER 4. Bond Provisions
The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this title 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 § 99076. (99076. (Added by Stats. 2003, 5th Ex. Sess., Ch. 2, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2003, 5th Ex. Sess., Ch. 2, Sec. 3. Approved in Proposition 57 at the March 2, 2004, election.