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Rev. & Tax. Code, § 97.77 · Article 3. Revenue Allocation Shifts for Education

Rev. & Tax. Code, § 97.77

Verbatim from the official edition

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

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.

Notes and commentary — not statutory text

History

Added by Stats. 2004, Ch. 211, Sec. 28. Effective August 5, 2004.

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=RTC&sectionNum=97.77.
Text hash
sha256 c934eb255a759f4e5b07a83b158997138c24c3e4a84c0ef1353aa2968144d5fe
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

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