{"code":"HSC","codeName":"Health and Safety Code","section":"53556","citation":"Health & Saf. Code, § 53556","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 31. HOUSING AND HOME FINANCE [50000. - 54949.]","url":"https://blackletter.si/health-and-safety-code/division-31"},{"name":"PART 12. HOUSING AND EMERGENCY SHELTER TRUST FUND ACT OF 2006 [53540. - 53558.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-12"},{"name":"CHAPTER 3. Fiscal Provisions [53546. - 53558.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-12/chapter-3"}],"history":"Added by Stats. 2006, Ch. 27, Sec. 2.   Approved in Proposition 1C at the November 7, 2006, election.","effective":null,"html":"<p>The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this part are not “proceeds of taxes” as that term is used in Article XIIIB of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by that article.</p>","text":"The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this part are not “proceeds of taxes” as that term is used in Article XIIIB of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by that article.","otherVersions":[],"url":"https://blackletter.si/health-and-safety-code/fiscal-provisions-53556","source":"California Legislative Information bulk export (pubinfo)"}