{"code":"HSC","codeName":"Health and Safety Code","section":"54034","citation":"Health & Saf. Code, § 54034","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 16. Veterans and Affordable Housing Bond Act of 2018 [54000. - 54034.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-16"},{"name":"CHAPTER 3. Fiscal Provisions [54010. - 54034.]","url":"https://blackletter.si/health-and-safety-code/division-31/part-16/chapter-3"}],"history":"Added by Stats. 2017, Ch. 365, Sec. 3.   Approved in Proposition 1 at the November 6, 2018, election; effective November 7, 2018.","effective":null,"html":"<p>All moneys derived from premiums and accrued interest on bonds sold pursuant to this part shall be transferred to the General Fund as a credit to expenditures for bond interest; provided, however, that amounts derived from premiums may be reserved and used to pay the costs of bond issuance prior to transfer to the General Fund.</p>","text":"All moneys derived from premiums and accrued interest on bonds sold pursuant to this part shall be transferred to the General Fund as a credit to expenditures for bond interest; provided, however, that amounts derived from premiums may be reserved and used to pay the costs of bond issuance prior to transfer to the General Fund.","otherVersions":[],"url":"https://blackletter.si/health-and-safety-code/fiscal-provisions-54034","source":"California Legislative Information bulk export (pubinfo)"}