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Cal. Educ. Code § 101025

Kindergarten Through 12th Grade School Facilities Fiscal Provisions

Known as the Kindergarten-University Public Education Facilities Bond Act

The act spans §§ 100800–101060 (78 sections).

Added by Stats. 2006, Ch. 35, Sec. 16

Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this chapter, 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 necessary to carry out Section 101028, appropriated without regard to fiscal years.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.