§ 99691 Bond Proceeds Deposit Rules

• •Money from selling special bonds goes into a special fund called the Clean Air and Transportation Improvement Fund.
• •This fund is used to make the air cleaner and improve transportation.
• •This rule was added in 1990 by a vote of the people.

The government sells bonds to raise money for new buses that don't pollute the air.

The money from selling those bonds goes into the Clean Air and Transportation Improvement Fund to pay for the new buses.