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Education Code - EDC - EDC § 101147.5
Education Code - EDC - EDC § 101147.5
(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 (exclusive of refunding bonds) that have been authorized by the Higher Education Facilities Fina
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Education Code - EDC - EDC § 101148
Education Code - EDC - EDC § 101148
All money deposited in the 2016 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 § 101149
Education Code - EDC - EDC § 101149
The bonds issued and sold pursuant to this chapter 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
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Education Code - EDC - EDC § 101149.5
Education Code - EDC - EDC § 101149.5
The people hereby find and declare 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 limitati
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Education Code - EDC - EDC § 1012
Education Code - EDC - EDC § 1012
Special meetings may be called by the president whenever, in his judgment, the exigencies of the schools require them to be held. Upon the request of any three members, in writing, the president shall call a special meeting.
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Education Code - EDC - EDC § 1013
Education Code - EDC - EDC § 1013
A majority of the members shall constitute a quorum for the transaction of business.
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Education Code - EDC - EDC § 1014
Education Code - EDC - EDC § 1014
No teacher’s certificate shall be issued or renewed, nor shall any books or apparatus be adopted except by an affirmative vote of at least a majority of the members of the board.
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Education Code - EDC - EDC § 101400
Education Code - EDC - EDC § 101400
This part shall be known, and may be cited, as the Kindergarten Through Grade 12 Schools and Local Community College Public Education Facilities Modernization, Repair, and Safety Bond Act of 2024.
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Education Code - EDC - EDC § 101401
Education Code - EDC - EDC § 101401
The Legislature finds and declares all of the following: (a) A University of California, Berkeley report estimates that 85 percent of the classrooms in California are more than 25 years old, 30 percent of the classrooms are between 50 to 70 years old, and about 10 percent of the
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Education Code - EDC - EDC § 101402
Education Code - EDC - EDC § 101402
(a) The incorporation of, or reference to, any provision of state statutory law in this part includes all acts amendatory thereof and supplementary thereto. (b) For purposes of this part, “State General Obligation Bond Law” means the State General Obligation Bond Law (Chapter 4 (
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Education Code - EDC - EDC § 101403
Education Code - EDC - EDC § 101403
Bonds in the total amount of ten billion dollars ($10,000,000,000), not including the amount of any refunding bonds issued in accordance with Sections 101430 and 101451, may be issued and sold for the purposes set forth in Sections 101420 and 101442. The bonds, when sold, issued,
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Education Code - EDC - EDC § 101410
Education Code - EDC - EDC § 101410
The proceeds of bonds issued and sold pursuant to this chapter, not including the proceeds of any refunding bonds issued in accordance with Section 101430, shall be deposited in the 2024 State School Facilities Fund established in the State Treasury under Section 17070.42, and sh
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Education Code - EDC - EDC § 101411
Education Code - EDC - EDC § 101411
All moneys deposited in the 2024 State School Facilities Fund for the purposes of this chapter shall be available to provide aid to school districts, county superintendents of schools, and county boards of education of the state in accordance with the Leroy F. Greene School Facil
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Education Code - EDC - EDC § 101412
Education Code - EDC - EDC § 101412
(a) The proceeds from the sale of bonds issued and sold for the purposes of this chapter shall be allocated in accordance with the following schedule: (1) (A) The amount of three billion three hundred million dollars ($3,300,000,000) for new construction of school facilities of a
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Education Code - EDC - EDC § 101420
Education Code - EDC - EDC § 101420
(a) Of the total amount of bonds authorized to be issued and sold pursuant to Chapter 1 (commencing with Section 101400), bonds in the amount of eight billion five hundred million dollars ($8,500,000,000), not including the amount of any refunding bonds issued in accordance with
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Education Code - EDC - EDC § 101421
Education Code - EDC - EDC § 101421
The State School Building Finance Committee, established by Section 15909 and composed of the Governor, the Controller, the Treasurer, the Director of Finance, and the Superintendent, or their designated representatives, all of whom shall serve thereon without compensation, and a
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Education Code - EDC - EDC § 101422
Education Code - EDC - EDC § 101422
(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). The provisions of tha
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Education Code - EDC - EDC § 101423
Education Code - EDC - EDC § 101423
(a) Upon request of the State Allocation Board, the State School Building Finance Committee shall determine by resolution whether or not it is necessary or desirable to issue bonds authorized pursuant to this chapter in order to fund the related apportionments and, if so, the amo
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Education Code - EDC - EDC § 101424
Education Code - EDC - EDC § 101424
There shall be collected each year, in the same manner and at the same time as other state revenue is collected and 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 § 101425
Education Code - EDC - EDC § 101425
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 equals the total of the following: (a) The sum annually necessary to pay the principal of, and interest
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Education Code - EDC - EDC § 101426
Education Code - EDC - EDC § 101426
The State Allocation Board 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 purpose of carrying out this chapter.
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Education Code - EDC - EDC § 101427
Education Code - EDC - EDC § 101427
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 § 101428
Education Code - EDC - EDC § 101428
For 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, excluding any refunding bonds authorized pursuant to Section 101430, less any amount loaned and not yet
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Education Code - EDC - EDC § 101429
Education Code - EDC - EDC § 101429
All moneys deposited in the 2024 State School Facilities Fund that are derived from premium and accrued interest on bonds sold pursuant to this chapter shall be reserved in the fund and shall be available for transfer to the General Fund as a credit to expenditures for bond inter
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Education Code - EDC - EDC § 101430
Education Code - EDC - EDC § 101430
The bonds issued and sold pursuant to this chapter 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