BlackletterCalifornia law

Health and Safety Code § 52531

CHAPTER 3. First-Time Home Buyers Bond Act of 1982

Current as of September 28, 2026Health & Saf. Code, § 52531Official source ↗

Added by Stats. 1982, Ch. 320, Sec. 12. Approved in Proposition 5 at the November 2, 1982, election.

There is hereby appropriated from the General Fund in the State Treasury for the purpose of this chapter such an amount as will equal the following:

(a) Such sum annually as will be necessary to pay the principal of and the interest on the bonds issued and sold pursuant to the provisions of this chapter.

(b) Such sum as is necessary to carry out the provisions of Section 52532, which sum is appropriated without regard to fiscal years.