Cal. Government Code § 17255
Cal. Government Code § 17255
California · California Government Code · Status: effective · Effective 2009-02-20
Cite this
- Citation
- Cal. Government Code § 17255, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/839263
- Permanent ID
ys:prov:839263@1- SHA-256
7ec2f5b0d9ab990063739b7dc0c5affe31b7678830ab3166343fc703a9f8e7a8
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) It is the intent of the Legislature, in enacting this section, to recognize the state’s General Fund budget deficit accumulated prior to July 1, 2009. It is further the intent of the Legislature that proceeds from the sale of reimbursement warrants, a short-term obligation up to the amount needed to offset the accumulated General Fund Budget deficit through June 30, 2009, be accounted for as a reduction in expenditures for the 2008–09 fiscal year.
(b) For purposes of this section, the “accumulated General Fund budget deficit through June 30, 2009” means the projected negative balance of the Special Fund for Economic Uncertainties at the end of the 2008–09 fiscal year, not including the effect of the accrual of reimbursement warrants in subdivision (a) to offset expenditures in 2008–09.