California Government Code ARTICLE 3 - Fiscal Provisions

  • Section 8879.25.
    Bonds in the total amount of nineteen billion nine hundred twenty-five million dollars ($19,925,000,000), exclusive of refunding bonds, or so much thereof as is necessary,...
  • Section 8879.26.
    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 8879.27.
    (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 8879.28.
    Upon request of the board stating that funds are needed for purposes of this chapter, the committee shall determine whether or not it is necessary...
  • Section 8879.29.
    There shall be collected annually, in the same manner and at the same time as other state revenue is collected, a sum of money in...
  • Section 8879.30.
    Notwithstanding Section 13340, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this chapter, an amount that will...
  • Section 8879.31.
    The board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, in accordance with Section 16312, for...
  • Section 8879.32.
    For the purpose of carrying out this chapter, the Director of Finance may, by executive order, authorize the withdrawal from the General Fund of any...
  • Section 8879.33.
    The bonds may be refunded in accordance with Article 6 (commencing with Section 16780) of the State General Obligation Bond Law. Approval by the electors...
  • Section 8879.34.
    Notwithstanding any provisions in the State General Obligation Bond Law, the maximum maturity of any bonds authorized by this chapter shall not exceed 30 years...
  • Section 8879.35.
    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 8879.36.
    Notwithstanding any provision of the State General Obligation Bond Law with regard to the proceeds from the sale of bonds authorized by this chapter that...
  • Section 8879.37.
    All money derived from premium and accrued interest on bonds sold pursuant to this chapter shall be transferred to the General Fund as a credit...

Last modified: October 22, 2018