CA ACA5

Restricts expenditure of motor vehicle fuel tax revenues and investment returns to street and highway construction, maintenance, and mass transit guideway purposes, with separate allocations for vessel propulsion, agricultural off-highway use, and off-highway vehicle operations

Prohibits use of vehicle and operation fee revenues for payment of principal and interest on state transportation general obligation bonds authorized before November 3, 2020, unless the bond act expressly authorizes such use

Explicitly includes all interest earned and investment returns from motor fuel tax revenues and vehicle fee revenues within existing constitutional expenditure restrictions

Requires quarterly deposits of sales and use tax revenues attributable to motor vehicle fuel into the Public Transportation Account, including all interest and investment returns, for transportation planning and mass transportation purposes only

Restricts vehicle license fee revenues to transportation purposes and prohibits their use for general obligation bond payments unless expressly authorized by the bond act