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 70. KINDERGARTEN THROUGH COMMUNITY COLLEGE PUBLIC EDUCATION FACILITIES BOND ACT OF 2016 [101110 - 101149.5]
( Part 70 added November 8, 2016, by initiative Proposition 51, Sec. 3. ) CHAPTER 3. California Community College Facilities [101142 - 101149.5]
( Chapter 3 added November 8, 2016, by initiative Proposition 51, Sec. 3. ) ARTICLE 3. California Community College Fiscal Provisions [101144 - 101149.5]
( Article 3 added November 8, 2016, by initiative Proposition 51, Sec. 3. ) 101145.
The Higher Education Facilities Finance Committee established pursuant to Section 67353 shall authorize the issuance of bonds under this chapter only to the extent necessary to fund the related apportionments for the purposes described in this chapter that are expressly authorized by the Legislature in the annual Budget Act. Pursuant to that legislative direction, the committee shall determine whether
or not it is necessary or desirable to issue bonds authorized pursuant to this chapter in order to carry out the purposes described in this chapter and, if so, the amount of bonds to be issued and sold. Successive issues of bonds may be authorized and sold to carry out those actions progressively, and it is not necessary that all of the bonds authorized to be issued be sold at any one time.
(Added November 8, 2016, by initiative Proposition 51, Sec. 3.)