Local government; temporary loans are payable from end of calendar year to 12 months of initial funding date; change date - CA

A RESOLUTION proposing an amendment to the Constitution so as to change the date by which temporary loans for counties, municipalities, and other political subdivisions of this state are payable in full from the end of the calendar year to within 12 months of the initial funding date of the loans; to provide for related matters; to provide for the submission of this amendment for ratification or rejection; and for other purposes.