In order to more fully secure the bonds authorized to be issued pursuant to this part, when during any fiscal year any appropriation is made to a state agency which has leased or otherwise contracted with the board for a public building pursuant to this part, the state agency shall allocate from the first lawfully available funds so appropriated that amount necessary to pay in full all amounts which are anticipated to become due and payable during the fiscal year under the lease or contract.
(Amended by Stats. 2010, Ch. 726, Sec. 11. (AB 1620) Effective October 19, 2010.)
Last modified: October 25, 2018