The tax imposed by the California Healthcare, Research and Prevention Tobacco Tax Act of 2016 and the revenue derived therefrom, including investment interest, shall not be considered General Fund revenues for purposes of Section 8 and its implementing statutes, and shall not be considered âGeneral Fund revenues,â âstate revenues,â or âGeneral Fund proceeds of taxesâ for purposes of subdivisions (a) and (b) of Section 8 and its implementing statutes.
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