5

California Constitution (January 1880)

Cal. Const. art. XIX, s 5 - 5
Permanent Link: http://vlex.com/vid/301224

Id. vLex: VLEX-301224

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Text:

The Legislature may authorize up to 25 percent of the revenues available for expenditure by any city or county, or by the State, for the purposes specified in subdivision (a) of Section 1 of this article to be pledged or used for the payment of principal and interest on voter-approved bonds issued for such purposes.

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