Wednesday, February 22, 2012 7:48 pm  PDT

Senator Bob Huff Targets Misuse of

Sacramento – Legislation designed to ensure that voter-approved California General Obligation bond funds are spent on the actual projects that voters approved passed its first committee test in the Senate Committee on Governance and Finance this week. SB 633, authored by Senator Bob Huff (R-Diamond Bar), gives the California Department of Finance (DOF) the authority to issue a corrective action plan, if an audit uncovers that bond funds have been misspent by a state entity or agency. Furthermore, the Huff measure also enables the DOF to issue “cease and desist” orders on the allocation of bond funds until the corrective action plan has been implemented.

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