§ 14557
154 words·~1 min read·
/ca/government-code/14557A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The Legislature finds and declares that the Governor has issued a proclamation pursuant to paragraph
(1)of subdivision
(d)of Section 1 of Article XIX B of the California Constitution declaring that the transfer of revenues from the General Fund to the Transportation Investment Fund during the 2003–04 fiscal year pursuant to paragraph
(a)of Section 1 of Article XIX B would have a significant negative fiscal impact on the range of functions of government funded by the General Fund of the state.
(b)Pursuant to paragraph
(2)of subdivision
(d)of Section 1 of Article XIX B, the transfer of revenues from the General Fund to the Transportation Investment Fund that would otherwise be required under paragraph
(a)of Section 1 of Article XIX B is hereby partially suspended for the 2003–04 fiscal year. The amount of the transfer for the 2003–04 fiscal year shall be two hundred eighty-nine million dollars ($289,000,000).