Cal. Health & Saf. Code § 53556

Current through the 2023 Legislative Session.
Section 53556 - Disbursement of proceeds not subject to limitations

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

Ca. Health and Saf. Code § 53556

Added by Stats 2006 ch 27 (SB 1689),s 2, operative 11/7/2006