topleft CSBA.org >  Services >  Governance Technology > 

Legal Resources | Education Code |  EC  100030  

Matching funds   

arrow Previous bar Next arrow

Of the proceeds from the sale of bonds pursuant to this chapter, not more than forty million dollars ($40,000,000) may be used for projects for school districts that agree to contribute 60 percent or more of the cost of those projects.

(Added by Stats. 1996, Ch. 1, Sec. 1.)