Veterans' Bond Finance Committees
Veterans' Finance Committee of 1943
The Veterans’ Finance Committee of 1943 consists of the following people; the Governor of California,
the California State Treasurer, the California State Controller, the Director of Finance for the State
of California, and the Secretary of Veterans Affairs. The purpose of the committee is for authorizing
the issuance of Veterans General Obligation Bonds and Commercial Paper Notes, the issuance of which
will be used to fund home loans for veterans across the state and/or to economically refund outstanding
bonds at a lower borrowing cost. The bonds are issued with the authority given by the People of the
State of California as voted on via a statewide ballot but are not an obligation of the State of
California and as such no tax dollars are used to secure the bonds.
Veterans' Debenture Finance Committee
The Veterans’ Debenture Finance Committee consists of the following people; the Governor of
California, the California State Treasurer, the California State Controller, the Director of Finance
for the State of California, and the Secretary of Veterans Affairs. The purpose of the committee is for
authorizing the issuance of Department of Veterans Affairs of the State of California Home Purchase
Revenue Bonds, the sale of which will be used to fund home loans for veterans across the state. The
bonds are issued with the authority of the California Debt Limit Allocation Committee but are not an
obligation of the State of California and as such no tax dollars are used to secure the bonds.
Meetings are open to the public, and meeting notices and agendas will be posted ten days
prior to each meeting.
Next meeting - Wednesday, Novemeber 21, 2007 - Notice and Agenda
Veterans' Home Finance Committee
The Veterans’ Home Finance Committee consists of the following people: the California State Treasurer,
the California State Controller, the Director of Finance for the State of California, and the Secretary
of Veterans Affairs. The purpose of the committee meeting is for authorizing the issuance of Department
of Veterans Affairs General Obligation Bonds for designing and constructing veterans’ homes in
California and completing renovations when needed. The bonds are issued with the authority given by the
People of the State of California as voted on via a statewide ballot.