TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 1. GENERAL 8000-8899.95›CHAPTER 12.47. Earthquake Safety and Public Buildings Rehabilitation Bond Act of 1990 8878.50-8878.126›ARTICLE 5. Fiscal Provisions 8878.109-8878.122
§ 8878.117
California Government Code · 2026-09 edition · updated 2026-10-03 · California
The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this article are not “proceeds of taxes” as that term is used in Article XIII B of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by that article.
(Added by Stats. 1990, Ch. 23, Sec. 2. Approved in Proposition 122 at the June 5, 1990, election.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code