California Government Code

§ 12100.122

GOV § 12100.122 Effective Jun 30, 2022Div. 3 · Title 2 · Part 2 · Ch. 1.6 · Art. 11

Statute text

(a)The Local Government Budget Sustainability Fund is hereby created within the Governor’s Office of Business and Economic Development. Upon appropriation, moneys in the fund shall be available for purposes of this article.

(b)The purpose of the program is to provide grants on a competitive basis to local entities that meet the requirements of the article and, when possible, prioritizing those that have the ability to leverage projects that are affiliated with a federal, state, or local program. The success of each grant shall be evaluated on a project-specific basis.

(c)Grants shall be awarded to eligible local entities through at least one round of grants per fiscal year.

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Legislative history

Added by Stats. 2022, Ch. 68, Sec. 24. (SB 193) Effective June 30, 2022. Repealed as of June 30, 2028, pursuant to Section 12100.125.