Government Code § 62306

DIVISION 6. Climate Resilience Districts

Current as of September 28, 2026Gov. Code, § 62306Official source ↗

Added by Stats. 2022, Ch. 266, Sec. 1. (SB 852) Effective January 1, 2023.

(a) A minimum of 95 percent of the allocated tax increment revenues pursuant to subdivision (b) of Section 62304 shall be used to fund eligible projects.

(b) Not more than 5 percent of allocated revenues may be used for administration.