California Law (Last Updated: March 4, 2014) |
Elections Code - ELEC |
Division 19. APPROVAL OF VOTING SYSTEMS |
Chapter 3. Approval of Voting Systems |
ARTICLE 3. Voting Modernization Bond Act of 2002 (Shelley-Hertzberg Act) |
Section 19237.
Latest version.
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Notwithstanding Section 13340 of the Government Code, there is hereby continuously appropriated from the General Fund, for purposes of this article, a sum of money that will equal both of the following:
(a) That sum annually necessary to pay the principal of, and the interest on, the bonds issued and sold as provided herein, as that principal and interest become due and payable.
(b) That sum necessary to carry out Section 19238, appropriated without regard to fiscal years.
(Added by Stats. 2001, Ch. 902, Sec. 1. Approved March 5, 2002, by adoption of Proposition 41.)