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CA AB2310
Bill
Status
Introduced
2/14/2020
Primary Sponsor
Tom Daly
Click for details
AI Summary
- Adds interest earnings from the Road Maintenance and Rehabilitation Account as a new revenue source that must be deposited into the account
- Continuously appropriates all interest earnings from the account to the Department of Transportation for state highway system maintenance or State Highway Operation and Protection Program purposes
- Makes technical corrections to existing code language regarding fiscal year references and grammar in the allocation formulas for various transportation programs
- Applies to the Road Maintenance and Rehabilitation Program, which funds deferred maintenance on state highways and local roads through fuel taxes and vehicle fees
Legislative Description
Road Maintenance and Rehabilitation Account: apportionment of funds: accrued interest.
Last Action
In committee: Hearing postponed by committee.
3/17/2020
Committee Referrals
Transportation2/24/2020
Full Bill Text
No bill text available