Section § 29776

Explanation

This law establishes the Sacramento-San Joaquin Delta Protection Fund in California's State Treasury. The fund can provide up to $250,000 each year, as decided by the Legislature, to support the commission's activities related to the Delta.

The Sacramento-San Joaquin Delta Protection Fund is hereby created in the State Treasury. Any money in the Sacramento-San Joaquin Delta Protection Fund is available, upon appropriation by the Legislature, for support of the commission in an amount not to exceed two hundred fifty thousand dollars ($250,000) in any fiscal year.

Section § 29777

Explanation

This law ensures that the commission can't spend more money than it has available in a given fiscal year.

The commission shall not incur costs in excess of the amount of funds available for expenditure by the commission in any fiscal year.

Section § 29778.5

Explanation

The Delta Investment Fund is a state-run fund created to help boost the economies of communities in the Delta region. Money in this fund can be used, if approved by the state legislature, to carry out a regional economic plan aimed at enhancing these areas. The fund can receive money from a variety of sources including federal, state, local, and private entities.

The Delta Investment Fund is hereby created in the State Treasury. Any funds within the Delta Investment Fund shall be available, upon appropriation by the Legislature, to the commission for the implementation of the regional economic sustainability plan, developed pursuant to Section 29759, for the purposes of enhancing Delta communities. The Delta Investment Fund may receive funds from federal, state, local, and private sources.