Section 99040 Of Chapter 5. Miscellaneous Provisions From California Government Code >> Title 17. >> Chapter 5.
99040
. The Director of Finance shall immediately notify the Joint
Legislative Budget Committee, the Executive Officer of the Franchise
Tax Board, the Executive Director of the State Board of Equalization,
and the Director of the Department of Motor Vehicles when and if an
amendment to the California Constitution is approved at a statewide
election held during the 2009 calendar year, that limits the total
amount that, under Section 20 of Article XVI of the California
Constitution, may be transferred by statute from the Budget
Stabilization Account, or any successor to that account, to the
General Fund.