Cal. Ed. Code § 101452

Current through 2024 Legislative Session
Section 101452 - Proceeds from sale of bonds not "proceeds of taxes"

The proceeds from the sale of bonds authorized by this chapter are not "proceeds of taxes" as that term is used in Article XIII B of the California Constitution, and the disbursement of these proceeds is not subject to the limitations imposed by that article.

Ca. Educ. Code § 101452

Added by Stats 2024 ch 81 (AB 247),s 28, eff. 11/6/2024 (Approved in Proposition 2 at the November 5, 2024 election.).