Education Code - EDC
TITLE 3. POSTSECONDARY EDUCATION [66000 - 101460]
( Title 3 enacted by Stats. 1976, Ch. 1010. ) DIVISION 14. MISCELLANEOUS [99000 - 101460]
( Division 14 enacted by Stats. 1976, Ch. 1010. ) PART 66. PUBLIC EDUCATION BONDS [100000 - 100185]
( Part 66 added by Stats. 1996, Ch. 1, Sec. 1. ) CHAPTER 1. Public Education Facilities Bond Act of 1996 [100000 - 100185]
( Chapter 1 added by Stats. 1996, Ch. 1, Sec. 1. ) ARTICLE 4. Fiscal Provisions [100125 - 100180]
( Article 4 added by Stats. 1996, Ch. 1, Sec. 1. ) 100180.
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” as that term is used in Article XIII B of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by that article.
(Added by Stats. 1996, Ch. 1, Sec. 1. Approved in Proposition 203 at the March 26, 1996, election.)