California Education Code

§ 17037

EDC § 17037 Effective Jun 27, 2025Div. 1 · Title 1 · Part 10 · Ch. 12 · Art. 2

Statute text

Any remaining funds, including any interest earned on those funds, in a county school lease-purchase fund for a school district that remains in the fund on and after January 1, 2026, shall not be reported or returned to the state and may be used by the school district for capital outlay expenditures for school construction.

Legislative history

Added by Stats. 2025, Ch. 8, Sec. 12. (AB 121) Effective June 27, 2025.