California Health and Safety Code 33334.1 – If the plan authorizes the issuance of bonds to be repaid in whole or …
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If the plan authorizes the issuance of bonds to be repaid in whole or in part from the allocation of taxes pursuant to Section 33670, the plan shall establish a limit on the amount of bonded indebtedness which can be outstanding at one time without an amendment of the plan. This section shall apply only to redevelopment plans adopted on or after October 1, 1976.
(Added by Stats. 1976, Ch. 1337.)
Terms Used In California Health and Safety Code 33334.1
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.