Education Code § 100842

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

Current as of September 28, 2026Ed. Code, § 100842Official source ↗

Added by Stats. 2002, Ch. 33, Sec. 31. Approved in Proposition 55 at the March 2, 2004, election.

All money deposited in the 2004 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.