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CA SB903
Bill
AI Summary
- Acknowledges $879,000,000 in outstanding loans from transportation funds to the General Fund as of June 30, 2015
- Requires repayment of the $879,000,000 from the General Fund to transportation accounts by June 30, 2016
- Allocates repaid funds as follows: $148 million to Traffic Congestion Relief Program, $334 million to Trade Corridors Improvement Fund, $265 million to Public Transportation Account, and $132 million to State Highway Account
- Declares the act an urgency statute effective immediately
Legislative Description
Transportation funds: loan repayment.
Last Action
From committee without further action.
11/30/2016
Committee Referrals
Transportation and Housing2/4/2016
Rules1/21/2016
Full Bill Text
No bill text available