Cal. Ed. Code § 101036

Current through the 2024 Legislative Session.
Section 101036 - Appropriation from General Fund

Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this chapter, an amount that will equal the total of the following:

(a) The sum annually necessary to pay the principal of, and interest on, bonds issued and sold pursuant to this chapter, as the principal and interest become due and payable.
(b) The sum necessary to carry out Section 101037.5, appropriated without regard to fiscal years.

Ca. Educ. Code § 101036

Added by Stats 2006 ch 35 (AB 127),s 16, eff. 5/20/2006. The voters approved this proposition at the November, 2006 general election.