§ 79787. — 79787. (Added by Stats. 2014, Ch. 188, Sec. 8.)

California § 79787.

• Jurisdiction: California
• Code WAT: Water Code - WAT
• Div. 26.7.: DIVISION 26.7. Water Quality, Supply, and Infrastructure Improvement Act of 2014
• Ch. 12.: CHAPTER 12. Fiscal Provisions

Text

(a)
Solely for the purpose of authorizing the issuance and sale pursuant to the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2 of the Government Code) of the bonds authorized by this division, the Water Quality, Supply, and Infrastructure Improvement Finance Committee is hereby created. For purposes of this division, the Water Quality, Supply, and Infrastructure Improvement Finance Committee is the
“committee” as that term is used in the State General Obligation Bond Law.
(b)
The committee consists of the Director of Finance, the Treasurer, and the Controller. Notwithstanding any other provision of law, any member may designate a representative to act as that member in his or her place for all purposes, as though the member were personally present.
(c)
The Treasurer shall serve as chairperson of the committee.
(d)
A majority of the committee may act for the committee.

Legislative History

Added by Stats. 2014, Ch. 188, Sec. 8. (AB 1471) Approved in Proposition 1 at the November 4, 2014, election.