Section 16411 Of Article 6. Revenue Deficiency Reserve Fund From California Government Code >> Division 4. >> Title 2. >> Part 2. >> Chapter 2. >> Article 6.
16411
. Whenever the Governor, Controller, and Director of Finance
determine that the General Fund revenues for any fiscal year
commencing on or after July 1, 1947, are below the amount estimated
in the budget submitted by the Governor to the Legislature for the
fiscal year, they may jointly authorize the transfer from the Revenue
Deficiency Reserve Fund to the General Fund of an amount equal to
the difference between the actual revenues received for the General
Fund and the amount which it was estimated would be received.