California Legal Codes and Statutes

§ 101431

Added by Stats. 2024, Ch. 81, Sec. 28. (AB 247) Approved in Proposition 2 at the November 5, 2024, election. Effective November 6, 2024.

The proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that term is used in Article XIII B of the California Constitution, and the disbursement of these proceeds is not subject to the limitations imposed by that article.

Cite this section

Cal. Educ. Code § 101431 (2026)
https://ca.codecond.com/codes/edc/title-3-postsecondary-education/division-14-miscellaneous/part-72-the-kindergarten-through-grade-12-schools-and-local-community-college-public-education-facilities-modernization-repair-and-safety-bond-act-of-2024/chapter-2-kindergarten-through-grade-12/article-2-kindergarten-through-grade-12-school-facilities-fiscal-provisions/section-101431

Other sections in Article 2 - Kindergarten Through Grade 12 School Facilities Fiscal Provisions

§ 101420§ 101421§ 101422§ 101423§ 101424§ 101425§ 101426§ 101427§ 101428§ 101429§ 101430§ 101431

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.