§ 7914
56 words·~1 min read·
/ca/government-code/7914A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An appropriation for a “qualified capital outlay project,” as used in subdivision
(d)of Section 9 of Article XIII B of the California Constitution, means an appropriation for a fixed asset (including land and construction) with a useful life of 10 or more years and a value which equals or exceeds one hundred thousand dollars ($100,000).