Amended by Stats. 2019, Ch. 27, Sec. 113. (SB 80) Effective June 27, 2019.
(a)For the 2014–15 fiscal year through the 2018–19 fiscal years, after satisfying the obligations set forth in Sections 17605 and 17605.07, the Controller shall deposit any funds remaining in the Sales Tax Growth Account of the Local Revenue Fund into the General Growth Subaccount.
(b)For the 2019–20 fiscal year and every fiscal year thereafter, after satisfying the obligations set forth in Section 17605, the Controller shall deposit any funds remaining in the Sales Tax Growth Account of the Local Revenue Fund into the General Growth Subaccount.
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Other sections in Article 6 - Growth Account Allocations—Deposits