Notwithstanding any other law, the board may allocate any amount of the funds designated for purposes of this article that is in excess of the amounts needed for the administration of this article to any of the following:
(a) The Emergency School Classroom Fund for allocation by the board for any purpose authorized pursuant to that fund.
(b) The 1998 State School Facilities Fund for allocation by the board for any purpose authorized to that fund.
(c) The 2002 State School Facilities Fund for allocation by the board for any purpose authorized to that fund.
(d) The 2004 State School Facilities Fund for allocation by the board for any purpose authorized to that fund.
(e) If the voters approve the Kindergarten-University Public Education Facilities Bond Act of 2006 at the November 7, 2006, statewide general election, the 2006 State School Facilities Fund for allocation by the board for any purpose authorized to that fund.
(Amended by Stats. 2015, Ch. 386, Sec. 8. (SB 436) Effective January 1, 2016.)