CHAPTER 3. Fiscal Provisions
Chapter 3 added by Stats. 2006, Ch. 27, Sec. 2.
§§ 53546–53558 · 13 sections
- § 53546 Bonds in the total amount of two billion eight hundred fifty million dollars ($2,850,000,000), exclusive of refunding bonds, or so much thereof as is…
- § 53547 The bonds authorized by this part shall be prepared, executed, issued, sold, paid, and redeemed as provided in the State General Obligation Bond Law (Chapter 4…
- § 53548 (a) Solely for the purpose of authorizing the issuance and sale, pursuant to the State General Obligation Bond Law, of the bonds authorized by this part, the…
- § 53549 Upon request of the board stating that funds are needed for purposes of this part, the committee shall determine whether or not it is necessary or desirable to…
- § 53550 There shall be collected annually, in the same manner and at the same time as other state revenue is collected, a sum of money in addition to the ordinary…
- § 53551 Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this part,…
- § 53552 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…
- § 53553 For the purpose of carrying out this part, the Director of Finance may, by executive order, authorize the withdrawal from the General Fund of any amount or…
- § 53554 The bonds may be refunded in accordance with Article 6 (commencing with Section 16780) of the State General Obligation Bond Law. Approval by the electors of…
- § 53555 Notwithstanding any provisions in the State General Obligation Bond Law, the maximum maturity of any bonds authorized by this part shall not exceed 30 years…
- § 53556 The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this part are not “proceeds of taxes” as that…
- § 53557 Notwithstanding any provision of the State General Obligation Bond Law with regard to the proceeds from the sale of bonds authorized by this part that are…
- § 53558 All money derived from premium and accrued interest on bonds sold pursuant to this chapter shall be transferred to the General Fund as a credit to expenditures…