SB 1505 Summary

• Establishes a new county transportation excise tax for counties with a population of three million or more persons, effective December 31, 2025, requiring voter approval and lasting 25 years.

• Requires the board of supervisors to call a countywide election between four and three years before an existing county transportation excise tax expires to allow voters to approve continuation of the tax.

• Allocates tax revenues as follows: 37.4% to freeways and state highways, 22.2% to major arterial streets and regional programs, and 40.4% to public transportation systems.

• Establishes a regional planning agency transportation policy committee with expanded membership to oversee the county transportation excise tax plan and adopt a performance-based, multimodal strategic transportation infrastructure investment plan.

• Repeals various outdated statutes related to interim roadways and regional transportation planning while revising provisions governing transportation fund accounts, expenditures, and performance audits.