CHAPTER 17. Clean Water and Water Reclamation Bond Law of 1988 [14050. - 14076.]
Chapter 17 added by Stats. 1988, Ch. 47, Sec. 2.
§§ 14050–14076 · 23 sections
ARTICLE 1. General Provisions §§ 14050–14052 · 3 sections
- § 14050 This chapter shall be known and may be cited as the Clean Water and Water Reclamation Bond Law of 1988.
- § 14051 The Legislature finds and declares as follows: (a) Clean water is essential to the public health, safety, and welfare. (b) Clean water fosters the beauty of…
- § 14052 As used in this chapter, the following words have the following meanings: (a) “Board” means the State Water Resources Control Board. (b) “Committee” means the…
ARTICLE 2. Clean Water and Water Reclamation Bond Program §§ 14055–14061 · 7 sections
- § 14055 (a) The proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the State Treasury to the credit of the 1988 Clean Water and Water…
- § 14056 (a) The sum of twenty-five million dollars ($25,000,000) of the money in the fund shall be deposited in the Small Communities Grant Account and,…
- § 14057 The sum of ten million dollars ($10,000,000) of the money in the fund shall be available for transfer by the board to the Clean Water Bond Guarantee Fund and…
- § 14058 (a) The sum of thirty million dollars ($30,000,000) of the money in the fund shall be deposited in the Water Reclamation Account and, notwithstanding Section…
- § 14059 As approved by the Legislature annually in the Budget Act, the board may expend for the administration of this chapter not more than 5 percent of the amount of…
- § 14060 As approved by the Legislature annually in the Budget Act, the board may, by contract or otherwise, undertake plans, surveys, research, development, and…
- § 14061 The board may adopt rules, regulations, and guidelines necessary or appropriate to carry out this chapter.
ARTICLE 3. Fiscal Provisions §§ 14065–14076 · 13 sections
- § 14065 Bonds in the total amount of sixty-five million dollars ($65,000,000), exclusive of refunding bonds, or so much thereof as is necessary, may be issued and sold…
- § 14066 The bonds authorized by this chapter shall be prepared, executed, issued, sold, paid, and redeemed as provided in the State General Obligation Bond Law…
- § 14067 (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 chapter,…
- § 14068 Consistent with Section 602 of the federal act, the committee shall determine whether or not it is necessary or desirable to issue bonds authorized pursuant to…
- § 14069 There shall be collected each year and in the same manner and at the same time as other state revenue is collected, in addition to the ordinary revenues of the…
- § 14070 Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this…
- § 14071 For the purposes of carrying out this chapter, the Director of Finance may authorize the withdrawal from the General Fund of an amount or amounts not to exceed…
- § 14071.5 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…
- § 14072 All money deposited in the fund which is derived from premium and accrued interest on bonds sold shall be reserved in the fund and shall be available for…
- § 14073 The bonds may be refunded in accordance with Article 6 (commencing with Section 16780) of the State General Obligation Bond Law.
- § 14074 (a) Notwithstanding any other provision of this chapter and to the extent permitted by federal and state law, the money in the fund may be used to rebate to…
- § 14075 The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that…
- § 14076 Notwithstanding Section 14074 or any other provision of this bond act, or of the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720)…