California § 33471.5 - After the refunding has occurred as provided in Section 33471, not less than 20 p
Full text of California Public Contract Code - PCC § 33471.5 — After the refunding has occurred as provided in Section 33471, not less than 20 p, with citation guidance and answers to common questions.
§ 33471.5. After the refunding has occurred as provided in Section 33471, not less than 20 p
After the refunding has occurred as provided in Section 33471, not less than 20 percent of all taxes which are allocated to the redevelopment agency pursuant to subdivision (b) of Section 33670 for redevelopment projects merged pursuant to this article shall be used by the agency for the purposes set forth in Section 33334.2, provided that such taxes shall first be used for the payment of principal, interest, and premium, if any, under the bond resolution or resolutions providing for the issuance of the refunding bonds and providing necessary reserves for such refunding bonds, but only to the extent that such refunding is necessary to refinance existing bonded obligations.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 33471.5
What does Public Contract Code - PCC § 33471.5 cover?
Section 33471.5 ("After the refunding has occurred as provided in Section 33471, not less than 20 p") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 33471.5?
A common citation format is "Public Contract Code - PCC § 33471.5" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 33471.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.