Section 4496.48 Of Chapter 3. Fiscal Provisions From California Penal Code >> Title 4.8. >> Part 3. >> Chapter 3.
4496.48
. The Legislature hereby finds and declares that, inasmuch
as the proceeds from the sale of bonds authorized by this title 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 that article.