California Public Utilities Code

§ 99693.5

PUC § 99693.5Div. 10 · Part 11.5 · Ch. 6

Statute text

Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund, for the purposes of this part, an amount that will equal the total of the following:

(a)The sum annually necessary to pay the principal of, and interest on, bonds issued and sold pursuant to this chapter, as the principal and interest become due and payable.

(b)The sum which is necessary to carry out Section 99694, appropriated without regard to fiscal years.

Legislative history

Added June 5, 1990, by initiative Proposition 116.