California Military and Veterans Code ARTICLE 5y - The Veterans Housing and Homeless Prevention Bond Act of 2014

• Section 998.540.
  This article shall be known and may be cited as the Veterans Housing and Homeless Prevention Bond Act of 2014.(Added by Stats. 2013, Ch. 727,...
• Section 998.541.
  (a) California is home to almost two million veterans, more than any other state in the nation, and with the winding down of the wars in...
• Section 998.542.
  (a) The State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2 of the Government Code),...
• Section 998.543.
  As used herein, the following terms have the following meanings:(a) “Board” means the Department of Veterans Affairs.(b) “Bond” means a veterans’ bond, a state general obligation bond,...
• Section 998.544.
  (a) Bonds in the total amount of six hundred million dollars ($600,000,000), or so much thereof as is necessary, not including the amount of any refunding...
• Section 998.546.
  The bonds authorized by this article shall be prepared, executed, issued, sold, paid, and redeemed as provided in the State General Obligation Bond Law (Chapter...
• Section 998.547.
  Solely for the purpose of authorizing the issuance and sale pursuant to the State General Obligation Bond Law of the bonds authorized by this article,...
• Section 998.548.
  The committee shall determine whether or not it is necessary or desirable to issue bonds authorized pursuant to this article in order to carry out...
• Section 998.549.
  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 998.550.
  Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this article,...
• Section 998.551.
  For the purposes of carrying out this article, the Director of Finance may authorize the withdrawal from the General Fund of an amount not to...
• Section 998.552.
  All money deposited in the fund that is derived from premium and accrued interest on bonds sold, in excess of any amount of premium used...
• Section 998.553.
  Pursuant to Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2 of the Government Code, all or a portion...
• Section 998.554.
  The board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, including other authorized forms of interim...
• Section 998.555.
  The bonds may be refunded in accordance with Article 6 (commencing with Section 16780) of Chapter 4 of Part 3 of Division 4 of Title...
• Section 998.556.
  Notwithstanding any other provision of this article, or of the State General Obligation Bond Law, the Treasurer may maintain separate accounts for the investment of...
• Section 998.557.
  The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this article are not “proceeds of taxes”...

Last modified: October 22, 2018