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2019 California Code
Military and Veterans Code - MVC
DIVISION 4 - VETERANS' AID AND WELFARE
CHAPTER 6 - State Benefits for Veterans
ARTICLE 5v - Veterans Bond Act of 1996
Section 998.214.
Universal Citation: CA Mil & Vet Code § 998.214 (2019)
998.214.
The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this article 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 Article XIII B.
(Added by Stats. 1996, Ch. 161, Sec. 2. Approved in Proposition 206 at the November 5, 1996, election.)
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