§ 99614
113 words·~1 min read·
/ca/public-utilities-code/99614A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Notwithstanding Section 16312 of the Government Code and Section 99694.5 of this part, the interest on any loans made from the Pooled Money Investment Account to the fund for the purposes of carrying out the purposes of this part shall be paid from the General Fund.
(b)Notwithstanding Section 13440 of the Government Code, the amounts required to be paid pursuant to subdivision
(a)are hereby continuously appropriated from the General Fund.
(c)The appropriations for interest payments pursuant to subdivision
(b)are appropriations for debt service, as defined in Section 8 of Article XIII B of the California Constitution, and are therefore exempt from the appropriations limit set by that article.