TITLE 3. POSTSECONDARY EDUCATION 66000-101060›DIVISION 14. MISCELLANEOUS 99000-101149.5›PART 68.2. KINDERGARTEN–UNIVERSITY PUBLIC EDUCATION FACILITIES BOND ACT OF 2004 100800-100960›CHAPTER 3. Higher Education Facilities 100850-100960›ARTICLE 5. Higher Education Fiscal Provisions 100900-100960
§ 100960
California Education Code · 2018-11 edition · updated 2026-10-04 · California
The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that term is used in Article XIIIB of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by that article.
(Added by Stats. 2002, Ch. 33, Sec. 31. Approved in Proposition 55 at the March 2, 2004, election.)
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