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California Constitution Article XVI Public FinanceLegal Research Home > California Lawyer > Constitution > California Constitution Article XVI Public Finance Sponsored LinksThe Legislature shall not, in any manner create any debt or debts, liability or liabilities, which shall, singly or in the aggregate with any previous... (a) For the purposes of Section 1, a "single object or work," for which the Legislature may create a debt or liability in excess of... The Legislature may create and establish a "General Obligation Bond Proceeds Fund" in the State Treasury, and may provide for the proceeds of the sale... (a) No amendment to this Constitution which provides for the preparation, issuance and sale of bonds of the State of California shall hereafter be submitted... No money shall ever be appropriated or drawn from the State Treasury for the purpose or benefit of any corporation, association, asylum, hospital, or any... The Legislature shall have the power to insure or guarantee loans made by private or public lenders to nonprofit corporations and public agencies, the proceeds... Neither the Legislature, nor any county, city and county, township, school district, or other municipal corporation, shall ever make an appropriation, or pay from any... The Legislature shall have no power to give or to lend, or to authorize the giving or lending, of the credit of the State, or... Money may be drawn from the Treasury only through an appropriation made by law and upon a Controller's duly drawn warrant. (a) From all state revenues there shall first be set apart the moneys to be applied by the State for support of the public school... (a) In addition to the amount required to be applied for the support of school districts and community college districts pursuant to Section 8, the... Money collected under any state law relating to the protection or propagation of fish and game shall be used for activities relating thereto. Whenever the United States government or any officer or agency thereof shall provide pensions or other aid for the aged, co-operation by the State therewith... The Legislature has plenary power to provide for the administration of any constitutional provisions or laws heretofore or hereafter enacted concerning the administration of relief,... Notwithstanding any other provision of this Constitution, the Legislature shall have power to release, rescind, cancel, or otherwise nullify in whole or in part any... The Legislature may provide for the issuance of revenue bonds to finance the acquisition, construction, and installation of environmental pollution control facilities, including the acquisition... The Legislature may provide for the issuance of revenue bonds to finance the acquisition, construction, and installation of facilities utilizing cogeneration technology, solar power, biomass,... A public body authorized to issue securities to provide public parking facilities and any other public body whose territorial area includes such facilities are authorized... All property in a redevelopment project established under the Community Redevelopment Law as now existing or hereafter amended, except publicly owned property not subject to... The State shall not in any manner loan its credit, nor shall it subscribe to, or be interested in the stock of any company, association,... (a) No county, city, town, township, board of education, or school district, shall incur any indebtedness or liability in any manner or for any purpose... All proceedings undertaken by any chartered city, or by any chartered county or by any chartered city and county for the construction of any public... (a) The Budget Stabilization Account is hereby created in the General Fund. (b) In each fiscal year as specified in paragraphs (1) to (3), inclusive,... Last modified: August 5, 2008 |