SAN FRANCISCO - California Gov. Arnold Schwarzenegger has signed a bill authorizing $5 billion of revenue bonds to finance improvements to courtrooms around the state.

The bill is one of hundreds the governor is acting on in a compressed time period that will end today. Because of the state's record-setting delay enacting a budget, which was not signed until last week, Schwarzenegger had threatened to veto unrelated bills and lawmakers responded by withholding the legislation. The bills were sent to the governor last week after he signed the budget.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.