CA SB122

Prohibits penalties on transit operators that fail to maintain required fare revenue ratios during 2019-20 and 2020-21 fiscal years, with the prohibition expiring January 1, 2022.

Requires the State Controller to allocate State Transit Assistance Program funds for 2020-21 and 2021-22 fiscal years using individual operator ratios from the August 2020 transmittal memo, based on data from fiscal year 2017-18 or later.

Exempts transit operators from efficiency standards for 2020-21 and 2021-22 fiscal years, allowing them to use allocated funds for either operating or capital purposes without restrictions.

Requires aircraft jet fuel retailers to file quarterly information returns beginning January 1, 2020, with $5,000 penalties for failure to file or inaccurate filing; provides relief for reasonable cause failures.

Delays the High-Speed Rail Authority's 2020 business plan deadline to December 15, 2020, requires peer review of draft updates before adoption, and eliminates the 2021 project update report requirement.

Appropriates $1,705,000 to the Department of Motor Vehicles from the Air Pollution Control Fund for developing a vehicle registration system interface with the State Air Resources Board's compliance database.