{"code":"GOV","codeName":"Government Code","section":"53398.40","citation":"Gov. Code, § 53398.40","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 5. LOCAL AGENCIES [50001. - 57607.]","url":"https://blackletter.si/government-code/title-5"},{"name":"DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 55821.]","url":"https://blackletter.si/government-code/title-5/division-2"},{"name":"PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 54999.7.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1"},{"name":"CHAPTER 2.9. Infrastructure Financing Districts in the Border Development Zone [53398. - 53398.47.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-2.9"},{"name":"ARTICLE 4. Tax Increment Bonds [53398.40. - 53398.47.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-2.9/article-4"}],"history":"Added by Stats. 1999, Ch. 773, Sec. 1.   Effective January 1, 2000.","effective":"2000-01-01","html":"<p>The legislative body may, by majority vote, initiate proceedings to issue bonds pursuant to this chapter by adopting a resolution stating its intent to issue the bonds.</p>","text":"The legislative body may, by majority vote, initiate proceedings to issue bonds pursuant to this chapter by adopting a resolution stating its intent to issue the bonds.","otherVersions":[],"url":"https://blackletter.si/government-code/tax-increment-bonds-53398-40","source":"California Legislative Information bulk export (pubinfo)"}