California § 34019.01 - Notwithstanding subdivision (f) of Section 34019, for the 2021
Full text of California Public Contract Code - PCC § 34019.01 — Notwithstanding subdivision (f) of Section 34019, for the 2021, with citation guidance and answers to common questions.
§ 34019.01. Notwithstanding subdivision (f) of Section 34019, for the 2021
Notwithstanding subdivision (f) of Section 34019, for the 2021â22 fiscal year, the 2022â23 fiscal year, and the 2023â24 fiscal year, after disbursing funds pursuant to subdivisions (a), (b), (c), (d), and (e) of Section 34019, by November 1 following the fiscal year, the Controller shall disburse funds deposited in the tax fund during the prior fiscal year into sub-trust accounts in an amount not to exceed the 2020â21 fiscal year baseline. Any amount of funds that exceeds the 2020â21 fiscal year baseline shall remain in the tax fund for that fiscal year and shall be disbursed, as follows: (a) (1) For the 2021â22 fiscal year, by November 1, 2022, the Controller shall disburse from the tax fund, to the extent available, an amount necessary to enable funds disbursed to the sub-trust accounts for the 2021â22 fiscal year pursuant to subdivision (f) of Section 34019 and Section 34019.1 to be equal to the 2020â21 fiscal year baseline. (2) For the 2022â23 fiscal year, by November 1, 2023, the Controller shall disburse, to the extent available, an amount necessary to enable funds disbursed to the sub-trust accounts for the 2022â23 fiscal year pursuant to subdivision (f) of Section 34019 and Section 34019.1 to be equal to the 2020â21 fiscal year baseline. (3) For the 2023â24 fiscal year, by November 1, 2024, the Controller shall disburse, to the extent available, an amount necessary to enable funds disbursed to the sub-trust accounts for the 2023â24 fiscal year pursuant to subdivision (f) of Section 34019 and Section 34019.1 to be equal to the 2020â21 fiscal year baseline. (b) On or before January 1, 2026, any remaining moneys in the tax fund retained pursuant to this section and any interest derived shall be disbursed to the sub-trust accounts pursuant to subdivision (f) of Section 34019.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 34019.01
What does Public Contract Code - PCC § 34019.01 cover?
Section 34019.01 ("Notwithstanding subdivision (f) of Section 34019, for the 2021") 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 § 34019.01?
A common citation format is "Public Contract Code - PCC § 34019.01" (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 § 34019.01 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.