California Public Resources Code

§ 37042

PRC § 37042 Effective Jan 1, 2005Div. 28 · Ch. 7

Statute text

The Legislature finds and declares that the expenditure of bond funds pursuant to this chapter does not constitute the use of bond proceeds or other indebtedness to pay a year-end state budget deficit, as prohibited by subdivision (c) of Section 1.3 of Article XVI of the California Constitution.

Legislative history

Added by Stats. 2004, Ch. 715, Sec. 2. Effective January 1, 2005.