California Code of Regulations › Title 4 - Business Regulations › Division 9.5 - California Debt Limit Allocation Committee › Chapter 1 - General Provisions › Article 8 - Expiration of Allocations › Section 5105 - Reversion to Committee

Current through Register 2024 Notice Reg. No. 28, July 12, 2024
Upon the expiration of an issuance deadline, any amount of
					 the Allocation that has not been used to issue Qualified Private Activity Bonds
					 or converted to Mortgage Credit Certificate authority shall automatically
					 revert to the Committee unless that amount is authorized by the Committee for
					 transfer or is carryforward. If it is carryforward, it shall be used for the
					 bond issuer's next bond issuance pursuant to Section
					 5133.
1. New
					 section filed 7-12-2010 as an emergency pursuant to Government Code section
					 8869.94;
					 operative 7-12-2010 (Register 2010, No. 29). A Certificate of Compliance must
					 be transmitted to OAL by 1-10-2011 or emergency language will be repealed by
					 operation of law on the following day.
2. New section refiled
					 1-6-2011 as an emergency pursuant to Government Code section
					 8869.94;
					 operative 1-6-2011 (Register 2011, No. 1). A Certificate of Compliance must be
					 transmitted to OAL by 4-6-2011 or emergency language will be repealed by
					 operation of law on the following day.
3. New section refiled
					 4-1-2011 as an emergency pursuant to Government Code section
					 8869.94;
					 operative 4-6-2011 (Register 2011, No. 13). A Certificate of Compliance must be
					 transmitted to OAL by 7-5-2011 or emergency language will be repealed by
					 operation of law on the following day.
4. Certificate of Compliance
					 as to 4-1-2011 order, including new section heading and repealer and new
					 section, transmitted to OAL 6-2-2011 and filed 7-1-2011 (Register 2011, No.
					 26).
5. Renumbering of former section
					 5105 to section
					 5104 and renumbering of former
					 section 5106 to new section
					 5105 filed 11-9-2015 as an
					 emergency pursuant to Government Code section
					 8869.94;
					 operative 11-9-2015 (Register 2015, No. 46). A Certificate of Compliance must
					 be transmitted to OAL by 5-9-2016 or emergency language will be repealed by
					 operation of law on the following day.
6. Certificate of Compliance
					 as to 11-9-2015 order transmitted to OAL 1-27-2016 and filed 3-10-2016
					 (Register 2016, No. 11).
7. Editorial correction of HISTORY 6
					 (Register 2016, No. 25).
8. Amendment filed 8-1-2022 as an
					 emergency; operative 8-1-2022 (Register 2022, No. 31). A Certificate of
					 Compliance must be transmitted to OAL by 1-30-2023 or emergency language will
					 be repealed by operation of law on the following day.
9. Amendment
					 refiled 2-9-2023 as an emergency; operative 2-9-2023 (Register 2023, No. 6). A
					 Certificate of Compliance must be transmitted to OAL by 5-10-2023 or emergency
					 language will be repealed by operation of law on the following
					 day.
10. Certificate of Compliance as to 2-9-2023 order, including
					 further amendment of section, transmitted to OAL 4-18-2023 and filed 5-31-2023;
					 amendments effective 5-31-2023 pursuant to Government Code section
					 11343.4(b)(3)
					 (Register 2023, No. 22).
Note: Authority cited: Section
						8869.94,
						Government Code. Reference: Sections
						8869.84(c)
						and
						8869.89,
						Government Code.