California Health and Safety Code 125291.85 – Inasmuch as the proceeds from the sale of bonds authorized by this …
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Inasmuch as the proceeds from the sale of bonds authorized by this article are not “proceeds of taxes” as that term is used in XIII B of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by that article.
(Added November 2, 2004, by initiative Proposition 71, Sec. 5.)