Gov. Code, § 15819.3 · Chapter 3.1. Lease-Purchase Financing of Prison Construction
Gov. Code, § 15819.3
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The board may finance prison facilities using lease-purchase financing arrangements by the issuance of bonds pursuant to Chapter 5 (commencing with Section 15830). The construction and acquisition of prison facilities or the financing of prison facilities constitutes the construction of public buildings for the purposes of Chapter 5 (commencing with Section 15830). In addition to the cost of construction, the board may authorize any additional amounts necessary to pay the costs of financing, including, but not limited to, interest during construction of the project and a reasonably required reserve fund.
The total amount of bonds issued pursuant to this section shall not exceed six hundred fifty million dollars ($650,000,000).
Notes and commentary — not statutory text
History
Amended by Stats. 1986, Ch. 532, Sec. 2. Effective August 20, 1986.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=15819.3.
- Text hash
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- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 12 provisions
Provisions in this library whose text cites Gov. Code, § 15819.3. Each shows the citation as that text prints it.
Government Code
- Gov. Code, § 15819.17Printed as Section 15819.3
- Gov. Code, § 15819.20Printed as Section 15819.3
- Gov. Code, § 15819.21Printed as Section 15819.3
- Gov. Code, § 15819.22Printed as Section 15819.3
- Gov. Code, § 15819.23Printed as Section 15819.3
- Gov. Code, § 15819.24Printed as Section 15819.3
- Gov. Code, § 15819.25Printed as Section 15819.3
- Gov. Code, § 15819.26Printed as Section 15819.3
- Gov. Code, § 15819.27Printed as Section 15819.3
- Gov. Code, § 15819.28Printed as Section 15819.3
- Gov. Code, § 15819.29Printed as Section 15819.3
- Gov. Code, § 15819.295Printed as Section 15819.3
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