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Earlier editions: 2020-112018-112026-09

DIVISION 31. HOUSING AND HOME FINANCE 50000-54949›PART 16. Veterans and Affordable Housing Bond Act of 2018 54000-54034›CHAPTER 3. Fiscal Provisions 54010-54034

§ 54030

California Health and Safety Code · 2026-10 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 part 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. 2017, Ch. 365, Sec. 3. Approved in Proposition 1 at the November 6, 2018, election; effective November 7, 2018.)

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