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Education Code - EDC - EDC § 101035
Education Code - EDC - EDC § 101035
The Higher Education Facilities Finance Committee established pursuant to Section 67353 shall authorize the issuance of bonds under this chapter only to the extent necessary to fund the apportionments for the purposes described in this chapter that are expressly authorized by the
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Education Code - EDC - EDC § 101035.5
Education Code - EDC - EDC § 101035.5
There shall be collected each year and in the same manner and at the same time as other state revenue is collected, in addition to the ordinary revenues of the state, a sum in an amount required to pay the principal of, and interest on, the bonds each year. It is the duty of all
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Education Code - EDC - EDC § 101036
Education Code - EDC - EDC § 101036
Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this chapter, an amount that will equal the total of the following: (a) The sum annually necessary to pay the principal of, and inte
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Education Code - EDC - EDC § 101036.5
Education Code - EDC - EDC § 101036.5
The board, as defined in subdivision (b) of Section 101034.5, may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account or any other approved form of interim financing, in accordance with Section 16312 of the Government Code, for the pu
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Education Code - EDC - EDC § 101037
Education Code - EDC - EDC § 101037
Notwithstanding any other provision of this chapter, or of the State General Obligation Bond Law, if the Treasurer sells bonds pursuant to this chapter that include a bond counsel opinion to the effect that the interest on the bonds is excluded from gross income for federal tax p
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Education Code - EDC - EDC § 101037.5
Education Code - EDC - EDC § 101037.5
(a) For the purposes of carrying out this chapter, the Director of Finance may authorize the withdrawal from the General Fund of an amount not to exceed the amount of the unsold bonds that have been authorized by the Higher Education Facilities Finance Committee to be sold for th
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Education Code - EDC - EDC § 101038
Education Code - EDC - EDC § 101038
All money deposited in the 2006 California Community College Capital Outlay Bond 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 interes
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Education Code - EDC - EDC § 101039
Education Code - EDC - EDC § 101039
The bonds may be refunded in accordance with Article 6 (commencing with Section 16780) of Chapter 4 of Part 3 of Division 4 of Title 2 of the Government Code, which is a part of the State General Obligation Bond Law. Approval by the voters of the state for the issuance of the bon
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Education Code - EDC - EDC § 101039.5
Education Code - EDC - EDC § 101039.5
The Legislature hereby finds and declares that, inasmuch as 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, the disbursement of these proceeds is not subject to the l
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Education Code - EDC - EDC § 101040
Education Code - EDC - EDC § 101040
(a) The system of public universities in this state includes the University of California, the college named in Section 92200, and the California State University, and their respective off-campus centers. (b) The 2006 University Capital Outlay Bond Fund is hereby established in t
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Education Code - EDC - EDC § 101041
Education Code - EDC - EDC § 101041
(a) From the proceeds of bonds issued and sold pursuant to Article 4 (commencing with Section 101050), the sum of eight hundred ninety million dollars ($890,000,000) shall be deposited in the 2006 University Capital Outlay Bond Fund for the purposes of this article. When appropri
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Education Code - EDC - EDC § 101042
Education Code - EDC - EDC § 101042
(a) From the proceeds of bonds issued and sold pursuant to Article 4 (commencing with Section 101050), the sum of six hundred ninety million dollars ($690,000,000) shall be deposited in the 2006 University Capital Outlay Bond Fund for the purposes of this article. When appropriat
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Education Code - EDC - EDC § 101050
Education Code - EDC - EDC § 101050
(a) Of the total amount of bonds authorized to be issued and sold pursuant to Chapter 1 (commencing with Section 101000), bonds in the amount of one billion five hundred eighty million dollars ($1,580,000,000), not including the amount of any refunding bonds issued in accordance
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Education Code - EDC - EDC § 101051
Education Code - EDC - EDC § 101051
(a) The bonds authorized by this chapter shall be prepared, executed, issued, sold, paid, and redeemed as provided in the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2 of the Government Code), and all of the provis
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Education Code - EDC - EDC § 101052
Education Code - EDC - EDC § 101052
The Higher Education Facilities Finance Committee established pursuant to Section 67353 shall authorize the issuance of bonds under this chapter only to the extent necessary to fund the apportionments for the purposes described in this chapter that are expressly authorized by the
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Education Code - EDC - EDC § 101053
Education Code - EDC - EDC § 101053
There shall be collected each year and in the same manner and at the same time as other state revenue is collected, in addition to the ordinary revenues of the state, a sum in an amount required to pay the principal of, and interest on, the bonds each year. It is the duty of all
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Education Code - EDC - EDC § 101054
Education Code - EDC - EDC § 101054
Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this chapter, an amount that will equal the total of the following: (a) The sum annually necessary to pay the principal of, and inte
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Education Code - EDC - EDC § 101055
Education Code - EDC - EDC § 101055
The board, as defined in subdivision (b) of Section 101051, may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account or any other approved form of interim financing, in accordance with Section 16312 of the Government Code, for the purp
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Education Code - EDC - EDC § 101056
Education Code - EDC - EDC § 101056
Notwithstanding any other provision of this chapter, or of the State General Obligation Bond Law, if the Treasurer sells bonds pursuant to this chapter that include a bond counsel opinion to the effect that the interest on the bonds is excluded from gross income for federal tax p
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Education Code - EDC - EDC § 101057
Education Code - EDC - EDC § 101057
(a) For the purposes of carrying out this chapter, the Director of Finance may authorize the withdrawal from the General Fund of an amount not to exceed the amount of the unsold bonds that have been authorized by the Higher Education Facilities Finance Committee to be sold for th
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Education Code - EDC - EDC § 101058
Education Code - EDC - EDC § 101058
All money deposited in the 2006 University Capital Outlay Bond 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.
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Education Code - EDC - EDC § 101059
Education Code - EDC - EDC § 101059
The bonds may be refunded in accordance with Article 6 (commencing with Section 16780) of Chapter 4 of Part 3 of Division 4 of Title 2 of the Government Code, which is a part of the State General Obligation Bond Law. Approval by the voters of the state for the issuance of the bon
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Education Code - EDC - EDC § 101060
Education Code - EDC - EDC § 101060
The Legislature hereby finds and declares that, inasmuch as 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, the disbursement of these proceeds is not subject to the l
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Education Code - EDC - EDC § 1011
Education Code - EDC - EDC § 1011
Regular meetings of the board shall be held at times it may determine, but not less than once per month and shall be conducted in accordance with Chapter 9 (commencing with Section 54950) of Division 2 of Title 5 of the Government Code.
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Education Code - EDC - EDC § 101110
Education Code - EDC - EDC § 101110
This part shall be known, and may be cited, as the Kindergarten Through Community College Public Education Facilities Bond Act of 2016.