Military and Veterans Code § 998.557

ARTICLE 5y. The Veterans Housing and Homeless Prevention Bond Act of 2014

Current as of September 28, 2026Mil. & Vet. Code, § 998.557Official source ↗

Added by Stats. 2013, Ch. 727, Sec. 1. (AB 639) Approved in Proposition 41 at the June 3, 2014, election.

The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this article are not “proceeds of taxes” as that term is used in Article XIII B of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by that article.