Education Code § 100642

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

Current as of September 28, 2026Ed. Code, § 100642Official source ↗

Added by Stats. 2002, Ch. 33, Sec. 30. Approved in Proposition 47 at the November 5, 2002, election.

All money deposited in the 2002 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.