Education Code § 100442

ARTICLE 2. Kindergarten Through 12th Grade School Facilities Fiscal Provisions

Current as of September 28, 2026Ed. Code, § 100442Official source ↗

Added by Stats. 1998, Ch. 407, Sec. 16. Approved in Proposition 1A at the November 3, 1998, election.

All money deposited in the 1998 State School Facilities Fund, that is derived from premium and accrued interest on bonds sold shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.