Section 100842

Educ. Code § 100842, under Kindergarten Through 12th Grade School Facilities Fiscal Provisions.

Educ. Code § 100842

All money deposited in the 2004 State School Facilities Fund, that is derived from premium and accrued interest on bonds sold shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond interest.

(Added by Stats. 2002, Ch. 33, Sec. 31. Approved in Proposition 55 at the March 2, 2004, election.)