Section 998.414 Of Article 5x. Veterans’ Bond Act Of 2008 From California Military And Veterans Code >> Division 4. >> Chapter 6. >> Article 5x.

. The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this article 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 limitations imposed by Article XIII B.