Gov. Code, § 53998 · Chapter 4.5. Sale of Proposition 1A Receivables

Gov. Code, § 53998

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

For purposes of this chapter, “Proposition 1A receivable” means the right to payment of moneys due or to become due to a local agency pursuant to clause (iii) of subparagraph (B) of paragraph (1) of subdivision (a) of Section 25.5 of Article XIII of the California Constitution and Section 100.06 of the Revenue and Taxation Code.

Notes and commentary — not statutory text

History

Added by Stats. 2009, Ch. 634, Sec. 6. (SB 67) Effective October 19, 2009.

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&sectionNum=53998.
Text hash: sha256 d6bec891b1f49cbf5e0cb26f026f2f71278f5256b8ff92209a3320f52be2c5f5
Composed by: 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.

California Constitution

Cal. Const., art. XIII, § 25.5Printed as Section 25.5 of Article XIII of the California Constitution

Revenue and Taxation Code

Rev. & Tax. Code, § 100.06Printed as Section 100.06 of the Revenue and Taxation Code

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.