Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 97.77 — Revenue Allocation Shifts for Education
Cal. Rev. & Tax. Code § 97.77
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2004-08-05
- Current through
- Nov 2, 2026 (California Legislative Counsel)
An enterprise special district and a nonenterprise special district shall not pledge, on or after July 1, 2004, and before June 30, 2006, through a bond covenant to pay debt service costs on debt instruments issued by the district, any ad valorem property tax revenue that would otherwise be…
Citator
Cal. Rev. & Tax. Code § 97.77 — Revenue Allocation Shifts for Education is in force in the current edition of the Code, and nothing recorded condemns it.
An enterprise special district and a nonenterprise special district shall not pledge, on or after July 1, 2004, and before June 30, 2006, through a bond covenant to pay debt service costs on debt instruments issued by the district, any ad valorem property tax revenue that would otherwise be dedicated to the reduction required by Sections 97.72 and 97.73.