California Education Code
§ 101431
EDC § 101431Div. 14 · Title 3 · Part 72 · Ch. 2 · Art. 2
Statute text
View on leginfo.ca.govThe proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that term is used in Article XIIIB of the California Constitution, and the disbursement of these proceeds is not subject to the limitations imposed by that article.
Legislative history
Added by Stats. 2024, Ch. 81, Sec. 28. (AB 247) Approved in Proposition 2 at the November 5, 2024, election. Effective November 6, 2024.