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Cal. Penal Code § 7408

New Prison Construction Bond Act of 1988

Known as the New Prison Construction Bond Act

The act spans §§ 7300–7434 (45 sections).

Added by Stats. 1988, Ch. 43, Sec. 2

Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury for the purpose of this chapter such an amount as will equal the following:

(a) That sum annually as will be necessary to pay the principal of and the interest on the bonds issued and sold pursuant to this chapter.

(b) That sum as is necessary to carry out the provisions of Section 7409, which sum is 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.