§ 12911 Fund Transfer To Water

• •The old 'Investment Fund' in the state's money is gone.
• •All the money from the old fund goes to the 'California Water Fund'.
• •Any old rules that mention the 'Investment Fund' now mean the 'California Water Fund' instead.

Imagine the state had a piggy bank called the 'Investment Fund' for saving money.

Now, that piggy bank is gone, and all the money inside it is moved to another piggy bank called the 'California Water Fund'. If any old rule says 'use money from the Investment Fund', it now means 'use money from the California Water Fund'.