TITLE 1. GENERAL EDUCATION CODE PROVISIONS 1-32500›DIVISION 1. GENERAL EDUCATION CODE PROVISIONS 1-32500›PART 11. LIBRARIES 18010-20092›CHAPTER 12. California Reading and Literacy Improvement and Public Library Construction and Renovation Bond Act of 2000 19985-20011›ARTICLE 3. Fiscal Provisions 20000-20011
§ 20006
California Education Code · 2018-11 edition · updated 2026-10-04 · California
For the purposes of carrying out this chapter, the Director of Finance may authorize the withdrawal from the General Fund of an amount or amounts not to exceed the amount of the unsold bonds that have been authorized to be sold for the purpose of carrying out this chapter. Any amounts withdrawn shall be deposited in the fund. Any money made available under this section shall be returned to the General Fund, with interest at the rate earned by the money in the Pooled Money Investment Account during the time the money was withdrawn from the General Fund pursuant to this section, from money received from the sale of bonds for the purpose of carrying out this chapter.
(Added by Stats. 1999, Ch. 726, Sec. 1. Approved in Proposition 14 at the March 7, 2000, election.)
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