The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that term is used in Article XIIIB of the California Constitution disbursement of these proceeds is not subject to the limitations imposed by that article.
Cal. Water Code § 14038
Fiscal Provisions
Known as the California Safe Drinking Water Bond Law
The act spans §§ 13810–14040 (138 sections).
Added by Stats. 1988, Ch. 45, Sec. 1
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.