Current Version
Amended (as amended by Stats. 2023, Ch. 790, Sec. 101) by Stats. 2024, Ch. 40, Sec. 50. (SB 159) Effective June 29, 2024. Operative January 1, 2025, pursuant to Sec. 85 of Stats. 2024, Ch. 40. Inoperative July 1, 2026, by its own provisions. Repealed as of January 1, 2027, by its own provisions. See later operative version added by Sec. 102 of Stats. 2023, Ch. 790.
(a)In any year in which the funds available exceed the amount allocated to counties, such funds shall be carried forward to the next fiscal year to be available for distribution to counties in accordance with Section 5892 in that fiscal year.
(b)All funds deposited into the Behavioral Health Services Fund shall be invested in the same manner in which other state funds are invested. The fund shall be increased by its share of the amount earned on investments.
(c)If amendments to the Mental Health Services Act are approved by the voters at the March 5, 2024, statewide primary election, this section shall become inoperative on July 1, 2026, and as of January 1, 2027, is
repealed.
Future Version
Repealed (in Sec. 101) and added by Stats. 2023, Ch. 790, Sec. 102. (SB 326) Effective October 12, 2023. Operative July 1, 2026, by its own provisions.
(a)In a year that the funds available exceed the amount allocated to counties, the excess funds shall be carried forward to the next fiscal year to be available for distribution to counties in accordance with Section 5892 in that fiscal year.
(b)(1) All funds deposited into the Behavioral Health Services Fund shall be invested in the same manner that other state funds are invested.
(2)The fund shall be increased by its share of the amount earned on investments.
(c)This section shall become operative on July 1, 2026, if amendments
to the Mental Health Services Act are approved by voters at the March 5, 2024, statewide primary election.
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