May 31, 2023
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Tag: Reversion Clause

What Is a Reversion Clause?

March 9, 2023   6:43 amMarch 9, 2023   6:48 am
Readers of California legislation have likely seen a reversion clause when reviewing a fiscal bill, usually the budget bill or budget bill junior. A “reversion clause” is used with one or more appropriations. This clause means that state funds revert...
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