Added by Stats. 2025, Ch. 8, Sec. 12. (AB 121) Effective June 27, 2025.
Any remaining funds, including any interest earned on those funds, in a county school lease-purchase fund for a school district that remains in the fund on and after January 1, 2026, shall not be reported or returned to the state and may be used by the school district for capital outlay expenditures for school construction.
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