CA SB1463

Authorizes the California Health Facilities Financing Authority to issue revenue bonds (negotiable or non-negotiable) to finance or refinance health facilities, rather than limiting issuance to negotiable bonds only.

Removes the requirement that revenue bonds must contain a statement on their face regarding state and authority payment obligations; the statement requirement is eliminated but obligations remain the same.

Allows provisions normally included in trust agreements, indentures, or resolutions to alternatively be included directly in bonds with the same legal effect.

Expands the definition of moneys held in trust to include proceeds from "incurring revenue bonds" in addition to proceeds from selling revenue bonds.

Makes an appropriation to the continuously appropriated California Health Facilities Financing Authority Fund due to increased deposits and expenditures resulting from the bill's changes.