California Health and Safety Code

§ 53534

HSC § 53534 Effective Aug 11, 2003Div. 31 · Part 11 · Ch. 4

Statute text

(a)The Legislature finds and declares all of the following:

(1)The projected budget deficit for the 2003–04 fiscal year represents the largest fiscal imbalance in California history. This imbalance necessitates drastic actions not ordinarily contemplated in usual budget years.

(2)In order to address the budgetary imbalance it is necessary to find and cancel General Fund commitments where possible so as to reduce General Fund obligations.

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Legislative history

Added by Stats. 2003, Ch. 228, Sec. 25. Effective August 11, 2003.