Code Section

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 69. KINDERGARTEN–UNIVERSITY PUBLIC EDUCATION FACILITIES BOND ACT OF 2006 [101000 - 101060]

  ( Part 69 added by Stats. 2006, Ch. 35, Sec. 16. )
  

CHAPTER 4. University Facilities [101040 - 101060]

  ( Chapter 4 added by Stats. 2006, Ch. 35, Sec. 16. )
  

ARTICLE 4. University Fiscal Provisions [101050 - 101060]
  ( Article 4 added by Stats. 2006, Ch. 35, Sec. 16. )

  
101060.  

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. 2006, Ch. 35, Sec. 16. Approved in Proposition 1D at the November 7, 2006, election.)