{"code":"PRC","codeName":"Public Resources Code","section":"37042","citation":"Pub. Resources Code, § 37042","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 28. NATURAL HERITAGE PRESERVATION TAX CREDIT ACT OF 2000 [37000. - 37042.]","url":"https://blackletter.si/public-resources-code/division-28"},{"name":"CHAPTER 7. Bond Funds [37030. - 37042.]","url":"https://blackletter.si/public-resources-code/division-28/chapter-7"}],"history":"Added by Stats. 2004, Ch. 715, Sec. 2.   Effective January 1, 2005.","effective":"2005-01-01","html":"<p>The Legislature finds and declares that the expenditure of bond funds pursuant to this chapter does not constitute the use of bond proceeds or other indebtedness to pay a year-end state budget deficit, as prohibited by subdivision (c) of Section 1.3 of Article XVI of the California Constitution.</p>","text":"The Legislature finds and declares that the expenditure of bond funds pursuant to this chapter does not constitute the use of bond proceeds or other indebtedness to pay a year-end state budget deficit, as prohibited by subdivision (c) of Section 1.3 of Article XVI of the California Constitution.","otherVersions":[],"url":"https://blackletter.si/public-resources-code/bond-funds-37042","source":"California Legislative Information bulk export (pubinfo)"}