Higher Education Facilities Bond Act Of 1986

HIGHER EDUCATION FACILITIES BOND ACT OF 1986. This act provides for a bond issue of four hundred million dollars ($400,000,000) to provide capital for construction or improvement of facilities at California\u27s public higher education institutions, including the University of California\u27s nine campuses, the California State University\u27s 19 campuses, the California Community College\u27s 106 campuses, and the California Maritime Academy, to be sold at a rate not to exceed two hundred fifty million dollars ($250,000,000) per year