Section 16475.1 Of Article 4. Special Fund Investments From California Government Code >> Division 4. >> Title 2. >> Part 2. >> Chapter 3. >> Article 4.
16475.1
. Notwithstanding any other provisions of law, the interest
earned by governmental cost funds, as determined jointly by the
Controller and Director of Finance, for the period January 1, 1982,
through June 30, 1982, inclusive, shall be transferred to the
unappropriated surplus of the General Fund. This section shall not
apply to the Department of Food and Agriculture Fund or to the Acala
Cotton Fund. The section shall also not apply to any governmental
cost funds if the use of interest from those funds for General Fund
purposes is prohibited by the California Constitution or the United
States Constitution.