The proceeds from the sale of bonds authorized by this division 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. Water Code § 79798
Fiscal Provisions
Known as the Water Quality, Supply, and Infrastructure Improvement Act
The act spans §§ 79700–79798 (82 sections).
Added by Stats. 2014, Ch. 188, Sec. 8
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.