Education Code § 67354.5

CHAPTER 14.5. Higher Education Facilities Bond Act of 1986

Current as of September 28, 2026Ed. Code, § 67354.5Official source ↗

Added by Stats. 1986, Ch. 424, Sec. 2. Approved in Proposition 56 at the November 4, 1986, election.

The proceeds of the bonds may also be used to provide short-term loans to community colleges for the purchase of instructional equipment. Those loans shall be repaid from the first moneys available in the Capital Outlay Fund for Public Higher Education beginning in the 1987–88 fiscal year.