GENERAL PROVISIONS›CHAPTER 1.68. Nejedly-Hart State, Urban,and Coastal Park Bond Act of 1976 5096.111-5096.139›ARTICLE 7. Fiscal Provisions 5096.201-5096.213
§ 5096.212
California Public Resources Code · 2026-09 edition · updated 2026-09-27 · 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 XIII B of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by that article.
(Added by Stats. 1980, Ch. 250, Sec. 1. Approved in Proposition 1 at the November 4, 1980, election. Operative December 1, 1980.)
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