For the 1987-88 fiscal year and each year thereafter, a loan may be made by the department only upon the specific approval of the Legislature, by an act enacted after the receipt of a report filed pursuant to Section 13467.

(Amended by Stats. 1992, Ch. 321, Sec. 9. Effective January 1, 1993. Note: This section was added by Stats. 1986, Ch. 6, and approved in Prop. 44 on June 3, 1986.)

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Terms Used In California Water Code 13466

  • Department: means the Department of Water Resources. See California Water Code 13452
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
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