Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2011
California Constitutional Provisions
Article XIII B Constitution Government Spending Limitation
Sec. 5.5. Prudent state reserve. The Legislature shall establish a prudent state reserve fund in such an amount as it shall deem reasonable and necessary. Contributions to, and withdrawals from, the fund shall be subject to the provisions of Section 5 of this Article.
History.—New section added by amendment adopted November 8, 1988.