California Education Code ARTICLE 3 - Fiscal Provisions

• Section 19970.
  Bonds in the total amount of seventy-two million four hundred five thousand dollars ($72,405,000) (exclusive of refunding bonds), or so much thereof as is necessary,...
• Section 19971.
  The bonds authorized by this chapter shall be prepared, executed, issued, sold, paid, and redeemed as provided in the State General Obligation Bond Law (Chapter...
• Section 19972.
  (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,...
• Section 19973.
  The committee shall determine whether or not it is necessary or desirable to issue bonds authorized pursuant to this chapter in order to carry out...
• Section 19974.
  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...
• Section 19975.
  Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this chapter,...
• Section 19976.
  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...
• Section 19976.5.
  Notwithstanding any other provision of this bond act, or of the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3...
• Section 19977.
  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...
• Section 19978.
  Any bonds issued and sold pursuant to this chapter may be refunded by the issuance of refunding bonds in accordance with Article 6 (commencing with...
• Section 19979.
  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...
• Section 19980.
  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”...
• Section 19981.
  An amount not to exceed 1 percent of the fund may be used by the State Librarian for costs of administering this chapter.(Added by Stats....

Last modified: October 22, 2018