§ 998.314. — 998.314. (Added by Stats. 2000, Ch. 51, Sec. 1.)

California § 998.314.

• Jurisdiction: California
• Code MVC: Military and Veterans Code - MVC
• Div. 4.: DIVISION 4. VETERANS' AID AND WELFARE
• Ch. 6.: CHAPTER 6. State Benefits for Veterans
• Art. 5w.: ARTICLE 5w. Veterans’ Bond Act of 2000

Text

The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this article 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 Article XIII
B.

Legislative History

Added by Stats. 2000, Ch. 51, Sec. 1. Approved in Proposition 32 at the November 7, 2000, election.