Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2016
 

Government Code Provisions

Provisions Relating to Property Tax Relief

DIVISION 4. FISCAL AFFAIRS

PART 1. FUNDS FOR SUBVENTIONS

Chapter 2. Homeowners' Property Tax Exemption*

Section 16121

16121. Use of revenues.Revenues paid pursuant to this chapter may be used for county, city, district or other municipal purposes and may, but need not necessarily, be used for purposes of general interest and benefit to the state. It is the purpose of this section to carry out the mandate of subdivision (k) of Section 3 and Section 25 of Article XIII of the Constitution and permit recipients of revenues paid pursuant to this chapter to use such revenues for any purpose for which the recipient could use its property tax revenues

History.—Stats. 1977, Ch. 309 in effect July 8, 1977, substituted "subdivision (k) of Section 3 and Section 25" for "Section 1d".

* Unless otherwise noted Chapter 2, originally composed of Sections 16120–16122, was enacted by Stats. 1971, p. 70, in effect May 11, 1971.