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CA ABX118

Bill

Official Source

Status

Failed

11/30/2016

Primary Sponsor

Eric Linder

Click for details

Origin

State Assembly

2015-2016 Session

AI Summary

  • Prohibits weight fee revenues from commercial motor vehicles from being transferred to the Transportation Debt Service Fund or Transportation Bond Direct Payment Account, effective January 1, 2016
  • Prevents weight fee revenues from being used to pay debt service on transportation general obligation bonds
  • Overrides existing law that previously allowed these revenue transfers for bond debt repayment
  • Applies to revenues collected in the State Highway Account from vehicle weight fees
  • Requires majority vote to pass; no fiscal appropriation needed

Legislative Description

Vehicle weight fees: transportation bond debt service.

Last Action

Died at Desk.

11/30/2016

Full Bill Text

No bill text available