California Water Code CHAPTER 6.1 - Water Conservation and Water Quality Bond Law of 1986

• Section 13450.
  This chapter shall be known and may be cited as the Water Conservation and Water Quality Bond Law of 1986.(Added by Stats. 1986, Ch. 6,...
• Section 13451.
  The Legislature finds and declares all of the following:(a) An abundant supply of clean water is essential to the public health, safety, and welfare.(b) An abundant supply...
• Section 13452.
  As used in this chapter, and for purposes of this chapter, as used in the State General Obligation Bond Law (Chapter 4 (commencing with Section...
• Section 13453.
  There is hereby created the 1986 Water Conservation and Water Quality Bond Fund in the State Treasury. There shall be established in the fund a...
• Section 13454.
  (a) There is a Water Conservation and Water Quality Finance Committee consisting of the Governor or the Governor’s designated representative, the Controller, the Treasurer, the Director...
• Section 13455.
  (a) The committee may create a debt or debts, liability or liabilities, of the State of California in the aggregate amount of one hundred fifty million...
• Section 13456.
  All bonds which have been duly sold and delivered constitute valid and legally binding general obligations of the State of California, and the full faith...
• Section 13457.
  The State General Obligation Bond Law is adopted for the purpose of the issuance, sale, and repayment of, and other matters with respect to, the...
• Section 13458.
  (a) The sum of seventy-five million dollars ($75,000,000) of the money in the fund shall be deposited in the Water Conservation and Groundwater Recharge Account and,...
• Section 13459.
  (a) The sum of seventy-five million dollars ($75,000,000) of the money in the fund shall be deposited in the Agricultural Drainage Water Account is appropriated for...
• Section 13459.5.
  Unallocated money remaining in the Agricultural Drainage Water Account in the 1986 Water Conservation and Water Quality Bond Fund on November 6, 1996, and any...
• Section 13460.
  Money deposited in the fund pursuant to any provision of law requiring repayments to the state for assistance financed by the proceeds of the bonds...
• Section 13461.
  There is hereby appropriated from the General Fund, for the purpose of this chapter, an amount equal to the sum of the following:(a) The amount necessary...
• Section 13462.
  For the purpose of carrying out this chapter, the Director of Finance may, by executive order, authorize the withdrawal from the General Fund of amounts...
• Section 13462.5.
  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 13463.
  Upon request of the department or the board, the committee shall determine whether or not it is necessary or desirable to issue bonds authorized under...
• Section 13464.
  The committee may authorize the Treasurer to sell all, or any part, of the bonds at times fixed by the Treasurer.(Added by Stats. 1986, Ch....
• Section 13465.
  Notwithstanding Sections 13458 and 13459, the committee may prescribe further terms and conditions for loan contracts to authorize a deferment on payment of all or...
• Section 13466.
  For the 1987–88 fiscal year and each year thereafter, a loan may be made by the department only upon the specific approval of the Legislature,...
• Section 13467.
  Notwithstanding any other law, thirteen million five hundred thousand dollars ($13,500,000) of the unissued bonds authorized for the purposes of subdivision (a) of Section 13459...
• Section 13468.
  It is the intent of language in Section 13998.8(i)(3), Section 13999.10(d), and Section 13999.11(d) of the Water Code which was enacted by the voters in...
• Section 13469.
  If any provision of this chapter or the application thereof to any person or circumstance is held invalid, that invalidity shall not affect other provisions...

Last modified: October 22, 2018