Cal. Elections Code § 19266
Cal. Elections Code § 19266
California · California Elections Code · Status: effective · Effective 2014-01-01
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- Citation
- Cal. Elections Code § 19266, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/809800
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Full text
The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this article are not “proceeds of taxes” as that term is used in Article XIII B of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by Article XIII B.