BlackletterCalifornia law

Military and Veterans Code § 998.046

ARTICLE 5p. Veterans Bond Act of 1980

Current as of September 28, 2026Mil. & Vet. Code, § 998.046Official source ↗

Added by Stats. 1980, Ch. 1. Approved in Proposition 2 at the June 3, 1980, election.

There is hereby appropriated from the General Fund in the State Treasury for the purpose of this article, 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 article, as such principal and interest become due and payable.

(b) Such sum as is necessary to carry out the provisions of Section 998.047, which sum is appropriated without regard to fiscal years.