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Earlier editions: 2020-112018-112026-09

TITLE 3. POSTSECONDARY EDUCATION 66000-101460›DIVISION 14. MISCELLANEOUS 99000-101460›PART 72. The Kindergarten Through Grade 12 Schools and Local Community College Public Education Facilities Modernization, Repair, and Safety Bond Act of 2024 101400-101460›CHAPTER 2. Kindergarten through Grade 12 101410-101431›ARTICLE 2. Kindergarten Through Grade 12 School Facilities Fiscal Provisions 101420-101431

§ 101429

California Education Code · 2026-10 edition · updated 2026-10-04 · California

All moneys deposited in the 2024 State School Facilities Fund that are derived from premium and accrued interest on bonds sold pursuant to this chapter shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest, except those amounts derived from premium may be reserved and used to pay the cost of the bond issuance before any transfer to the General Fund.

(Added by Stats. 2024, Ch. 81, Sec. 28. (AB 247) Approved in Proposition 2 at the November 5, 2024, election. Effective November 6, 2024.)

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California Education Code

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