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2025 California Code
Water Code - WAT
DIVISION 24 - SAFE, CLEAN, RELIABLE WATER SUPPLY ACT
CHAPTER 10 - Fiscal Provisions
Section 78702.
Universal Citation:
CA Water Code § 78702 (2025)
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78702. The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this division 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. 1996, Ch. 135, Sec. 1. Approved in Proposition 204 at the November 5, 1996, election.)
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