Education Code § 101431

ARTICLE 2. Kindergarten Through Grade 12 School Facilities Fiscal Provisions

Current as of September 28, 2026Ed. Code, § 101431Official source ↗

Added by Stats. 2024, Ch. 81, Sec. 28. (AB 247) Approved in Proposition 2 at the November 5, 2024, election. Effective November 6, 2024.

The proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that term is used in Article XIIIB of the California Constitution, and the disbursement of these proceeds is not subject to the limitations imposed by that article.