California Law (Last Updated: March 4, 2014) |
Water Code - WAT |
Division 7. WATER QUALITY |
Chapter 17. Clean Water and Water Reclamation Bond Law of 1988 |
ARTICLE 3. Fiscal Provisions |
Section 14075.
Latest version.
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The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this chapter are not "proceeds of taxes" as that term is used in Article XIII B of the California Constitution, the disbursement of these proceeds is not subject to the limitations imposed by that article.
(Added by Stats. 1988, Ch. 47, Sec. 2. Approved November 8, 1988, by adoption of Proposition 83.)