The state hereby pledges and agrees with the holders of any bonds issued pursuant to this title that it will not reduce the rate of imposition of either of the taxes imposed pursuant to Sections 6051.5 and 6201.5 of the Revenue and Taxation Code, which generate the revenue deposited in the Fiscal Recovery Fund.
Cal. Gov. Code § 99077
Bond Provisions
Known as the Economic Recovery Bond Act
The act spans §§ 99050–99077 (17 sections).
Added by Stats. 2003, 5th Ex
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.