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TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 1. GENERAL 8000-8899.72›CHAPTER 12.48. Seismic Retrofit Bond Act of 1996 8879-8879.16›ARTICLE 3. Fiscal Provisions 8879.5-8879.16

§ 8879.15

California Government Code · 2020-11 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. 1995, Ch. 310, Sec. 1. Approved in Proposition 192 at the March 26, 1996, election.)

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