California · Public Resources Code - PRC
PRC §48003: The state board may not spend more than 1 2 percent of the total revenues deposited, or anticipated to be deposited, in the account during a fiscal year for the administration of this chapter during t
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The state board may not spend more than 1 2 percent of the total revenues deposited, or anticipated to be deposited, in the account during a fiscal year for the administration of this chapter during that fiscal year.
Verify at the official source: California legislative text
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