§ 62306

California Government Code · 2026-10 edition · updated 2026-10-04 · California

(a) A minimum of 95 percent of the allocated tax increment revenues pursuant to subdivision (b) of Section 62304 shall be used to fund eligible projects.

(b) Not more than 5 percent of allocated revenues may be used for administration.

(Added by Stats. 2022, Ch. 266, Sec. 1. (SB 852) Effective January 1, 2023.)

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California Government Code

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