California Government Code

§ 64821

GOV § 64821 Effective Jan 1, 2023Title 6.9 · Part 2 · Ch. 2 · Art. 2

Statute text

(a)The agency, with approval of two-thirds of the voters, may levy ad valorem property taxes to secure debt pursuant to paragraph (2) of subdivision (b) of Section 1 of Article XIIIA of the California Constitution.

(b)For purposes of incurring bonded indebtedness pursuant to this section, the agency shall comply with the requirements of Chapter 3 (commencing with Section 53400) of Part 1 of Division 2 of Title 5.

Legislative history

Added by Stats. 2022, Ch. 661, Sec. 1. (SB 679) Effective January 1, 2023.