If the Department of Finance and the Legislative Analyst jointly determine that the estimated annual increase in revenues as a result of the amendment, addition, or repeal of Sections 25128, 25128.5, 25128.7, and 25136 of the Revenue and Taxation Code is less than one billion one hundred million dollars ($1,100,000,000), the amount transferred to the Job Creation Fund shall be decreased to an amount equal to one-half of the estimated annual increase in revenues.
Cal. Pub. Res. Code § 26208
Clean Energy Job Creation Fund
Known as the California Clean Energy Jobs Act
The act spans §§ 26200–26240 (23 sections).
Added November 6, 2012, by initiative Proposition 39, Sec. 2.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.