California Public Utilities Code

§ 99693

PUC § 99693Div. 10 · Part 11.5 · Ch. 6

Statute text

There shall be collected annually in the same manner and at the same time as other state revenue is collected, in addition to the ordinary revenues of the state, a sum in an amount required to pay the principal of, and interest on, the bonds each year. It is the duty of all officers charged by law with any duty in regard to the collection of the revenue to do and perform each and every act which is necessary to collect that additional sum.

Legislative history

Added June 5, 1990, by initiative Proposition 116.