California Law (Last Updated: March 4, 2014) |
Streets and Highways Code - SHC |
Division 3. APPORTIONMENT AND EXPENDITURE OF HIGHWAY FUNDS |
Chapter 17. Passenger Rail and Clean Air Bond Act of 1990 |
ARTICLE 3. Fiscal Provisions |
Section 2701.15.
Latest version.
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Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this chapter, an amount equal to that sum annually necessary to pay the principal of, and interest on, bonds issued and sold pursuant to this chapter, as the principal and interest become due and payable.
(Added by Stats. 1989, Ch. 108, Sec. 2. Approved June 5, 1990, by adoption of Proposition 108.)