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California Statutes § 19258 Continuous appropriation

⤴ Up to Article 5: Voting Modernization Bond Act Of 2002 (Shelley-Hertzberg Act)

Statute Text

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 19259 , appropriated without regard to fiscal years.

History

Renumbered from Ca. Elec. Code §19237 by Stats 2013 ch 602 ( SB 360 ) , s 56 , eff. 1/1/2014 .

Amended by Stats 2001 ch 902 ( AB 56 ) , s 1 , eff. upon the approval by the people of the Voting Modernization Bond Act of 2002 (Shelley-Hertzberg Act) .

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