PART 66. PUBLIC EDUCATION BONDS [100000. - 100185.]
Part 66 added by Stats. 1996, Ch. 1, Sec. 1.
§§ 100000–100185 · 24 sections
CHAPTER 1. Public Education Facilities Bond Act of 1996 §§ 100000–100185 · 24 sections
ARTICLE 1. General Provisions § 100000 · 1 section
- § 100000 This chapter shall be known and may be cited as the Public Education Facilities Bond Act of 1996.
ARTICLE 2. School Facilities Program Provisions §§ 100010–100035 · 6 sections
- § 100010 Two billion twelve million thirty-five thousand dollars ($2,012,035,000) of the proceeds of bonds issued and sold pursuant to this chapter shall be deposited…
- § 100015 All moneys deposited in the State School Building Lease-Purchase Fund shall be available to provide aid to school districts of the state in accordance with the…
- § 100020 Of the proceeds from the sale of bonds pursuant to this chapter, not more than nine hundred million dollars ($900,000,000) may be used for one or more of the…
- § 100025 Of the proceeds from the sale of bonds pursuant to this chapter, not more than one hundred million dollars ($100,000,000) may be used for seismic retrofit…
- § 100030 Of the proceeds from the sale of bonds pursuant to this chapter, not more than forty million dollars ($40,000,000) may be used for projects for school…
- § 100035 Of the proceeds from the sale of bonds pursuant to this chapter, not more than twenty-five million dollars ($25,000,000) may be used for projects that include…
ARTICLE 3. Higher Education Facilities Program §§ 100110–100121 · 4 sections
- § 100110 The Legislature finds and declares all of the following: (a) California’s economic and social prosperity relies on a higher education system that keeps pace…
- § 100115 Nine hundred seventy-five million dollars ($975,000,000) of the proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the 1996…
- § 100120 (a) The Higher Education Facilities Finance Committee created pursuant to Section 67353 shall be and is hereby authorized to create a debt or debts, liability…
- § 100121 The Board of Governors of the California Community Colleges shall consider the historic significance of community college district buildings that are 50 years…
ARTICLE 4. Fiscal Provisions §§ 100125–100180 · 12 sections
- § 100125 (a) Bonds in the total amount of two billion nine hundred eighty-seven million thirty-five thousand dollars ($2,987,035,000), not including the amount of any…
- § 100130 The State School Building Finance Committee, created by Section 15909 and composed of the Governor, Controller, Treasurer, Director of Finance, and the…
- § 100135 (a) The bonds authorized by this chapter shall be prepared, executed, issued, sold, paid, and redeemed as provided in the State General Obligation Bond Law…
- § 100140 (a) Upon request of the State Allocation Board from time to time, supported by a statement of the apportionments made and to be made for the purposes described…
- § 100145 There shall be collected each year and in the same manner and at the same time as other state revenue is collected, in addition to the ordinary revenues of the…
- § 100150 Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this…
- § 100155 The board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the…
- § 100160 Notwithstanding any other provision of this chapter, or of the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of…
- § 100165 (a) For the purposes of carrying out this chapter, the Director of Finance may authorize the withdrawal from the General Fund of an amount or amounts not to…
- § 100170 All money deposited in the State School Building Lease-Purchase Fund, the Education Technology Fund, and the 1996 Higher Education Capital Outlay Bond Fund…
- § 100175 The bonds may be refunded in accordance with Article 6 (commencing with Section 16780) of Chapter 4 of Part 3 of Division 4 of Title 2 of the Government Code,…
- § 100180 The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that…
ARTICLE 5. Miscellaneous § 100185 · 1 section
- § 100185 (a) Any remaining funds resulting or derived from the sale of bonds pursuant to Chapter 9 (commencing with Section 16400), Chapter 10 (commencing with Section…