Betts

Petitioner seeks a writ of mandate to compel respondent State Treasurer to prepare and sell $20,-000,000 in bonds as directed by a resolution of the State School Building Finance Committee acting pursuant to the State School Building Aid Bond Law of 1952 (now Ed. Code, §§ 19701-19715).

At its Second Extraordinary Session of 1952, the Legislature considered and acted upon a group of related enactments designed to raise and distribute funds for the building programs of local school districts. As adopted, these were:

First, an appropriation of $20,000,000 from the state General Fund for school building aid apportionments (Stats. 1953, 2d Ex.Sess. 1952, ch. 26). While effective as an urgency measure on September 4, 1952, it was to become operative only upon adoption of another statute, the State School Building Aid Law of 1952.

Second, Assembly Constitutional Amendment No. 3, which was later approved by the voters at the election of November 4, 1952, and became section 16.5 of article XYI of the state Constitution. It authorized a state bond issue of $185,000,-000 for the general purpose of providing loans and grants to school districts and for the following subsidiary…