Public Resources Code - PRC
DIVISION 43. THE SAFE DRINKING WATER, WATER QUALITY AND SUPPLY, FLOOD CONTROL, RIVER AND COASTAL PROTECTION BOND ACT OF 2006 [75001 - 75130]
( Division 43 added November 7, 2006, by initiative Proposition 84, a bond act. ) CHAPTER 11. Fiscal Provisions [75080 - 75090]
( Chapter 11 added November 7, 2006, by initiative Proposition 84. ) 75082.
(a) Solely for the purpose of authorizing the issuance and sale, pursuant to the State General Obligation Bond Law, of the bonds authorized by this division, the Safe Drinking Water, Water Quality and Supply, Flood Control, River and Coastal Protection Finance Committee is hereby created. For purposes of this division, the Safe Drinking Water, Water Quality and Supply, Flood Control, River and Coastal Protection Finance Committee is “the committee” as that term is used by the State General Obligation Bond Law. The committee shall consist of the Controller, the Director of Finance, and the Treasurer, or their designated representatives. The Treasurer shall serve as chairperson of the committee. A majority of the committee may act for the committee.
(b) For purposes of this chapter and the State General Obligation Bond Law, the secretary is designated as “the board.”
(Added November 7, 2006, by initiative Proposition 84.)