California Welfare and Institutions Code

§ 11011

WIC § 11011 Effective Jun 27, 2019Div. 9 · Part 3 · Ch. 1 · Art. 1

Statute text

(a)(1) (A) The Safety Net Reserve Fund is hereby established in the State Treasury. The Medi-Cal Subaccount and the CalWORKs Subaccount are hereby created within the Safety Net Reserve Fund.

(B)On and after the effective date of the act adding this subparagraph, the Medi-Cal Subaccount and the CalWORKs Subaccount established pursuant to subparagraph (A) are hereby abolished and the balances remaining in those subaccounts shall be transferred to the Safety Net Reserve Fund.

(2)Notwithstanding any other law, the Controller may use the funds in the Safety Net Reserve Fund for cashflow loans to the General Fund as provided in Sections 16310 and 16381 of the Government Code.

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Legislative history

Amended by Stats. 2019, Ch. 29, Sec. 143. (SB 82) Effective June 27, 2019.