DIVISION 47. Fuel Reduction Work Contracts 80200-80204›CHAPTER 10. Fiscal Provisions 95000-95015
§ 95011
California Public Resources Code · 2026-09 edition · updated 2026-09-27 · California
Pursuant to the State General Obligation Bond Law, the cost of bond issuance shall be paid or reimbursed out of the bond proceeds, including premiums, if any. To the extent the cost of bond issuance is not paid from premiums received from the sale of bonds, these costs shall be allocated proportionally to each program funded through this division by the applicable bond sale.
(Added by Stats. 2024, Ch. 83, Sec. 2. (SB 867) Approved in Proposition 4 at the November 5, 2024, election. Effective November 6, 2024.)
Get a plain-English answer with a citation back to this text.
Ask AI about this code