Cal. Pub. Resources Code § 26208

Current through the 2024 Legislative Session.
Section 26208 - Decrease in amount transferred to fund

If the Department of Finance and the Legislative Analyst jointly determine that the estimated annual increase in revenues as a result of the amendment, addition, or repeal of Sections 25128, 25128.5, 25128.7, and 25136 of the Revenue and Taxation Code is less than one billion one hundred million dollars ($1,100,000,000), the amount transferred to the Job Creation Fund shall be decreased to an amount equal to one-half of the estimated annual increase in revenues.

Ca. Pub. Res. Code § 26208

Enacted by Proposition 39, approved by the people of the State of California 11/6/2012, eff. 11/7/2012.