California Debt Limit Allocation Committee (CDLAC)

​Federal law limits how much tax-exempt debt a state can issue in a calendar year for Private Projects with a Qualified Public Benefit, with the cap determined by a population-based formula. CDLAC was created to set and allocate California’s annual debt ceiling, and administer the tax-exempt bond program to issue the debt.​

Our website uses cookies to enhance your experience. To receive the best experience, please allow cookies.