Public Resources Code section 26042.2

On May 10, 1982, and on each May 10 thereafter, the authority shall make a determination of an amount equal to one-half of 1 percent of the total of all outstanding bonds issued pursuant to the provisions of Article 3 (commencing with Section 26020) of Chapter 1 as of May 1 of such year. The amount determined shall be deemed the General Fund revenue loss for the year. The authority shall inform the Controller of the determination made under this section.

Source: Section 26042.2, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=PRC§ionNum=26042.­2.­ (updated Jan. 1, 1980; accessed Jul. 7, 2025).

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Verified:
Jul. 7, 2025

§ 26042.2's source at ca​.gov