California CodesBusiness and Professions Code - BPCDivision 8 — Special Business RegulationsChapter 4 — Horse RacingArticle 9.2 — Satellite WageringSection 19608.6
(a) Any joint powers agency requesting money in connection with the issuance of bonds for the purposes described in paragraph (1) of subdivision (a) of Section 19606.1 shall file an application with the Secretary of Food and Agriculture, in the form required by the secretary.
(b) The secretary shall, upon review of the applications, prepare a statement of allocation of money to the joint powers agency, in the priority the director deems appropriate.
(c) The secretary shall adopt regulations governing the allocation procedures to be followed in implementing this section.
Notes
Requires a joint powers agency seeking money connected with issuing bonds for the specified purposes to apply to the Secretary of Food and Agriculture in the required form. Requires the secretary to review applications and prepare a priority-based allocation statement, and requires regulations governing the allocation procedures used to implement the provision.
Use as reference
Lexinter.net | California Code, Business and Professions Code - BPC § 19608.6 | https://laws.lexinter.net/codes/california/business-and-professions-code/division-8/chapter-4/article-9-2/section-19608-6