The proceeds from the sale of bonds authorized by this article are not “proceeds of taxes” as that term is used in Article XIIIB of the California Constitution, and the disbursement of these proceeds is not subject to the limitations imposed by that article.
Cal. Health & Safety Code § 125291.165
California Stem Cell Research, Treatments, and Cures Bond Act of 2020
Known as the California Stem Cell Research, Treatments, and Cures Bond Act
The act spans §§ 125291–125291 (16 sections).
Added November 3, 2020, by initiative Proposition 14, Sec. 24
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.