California Streets and Highways Code ARTICLE 2 - Transportation Improvement Program

• Section 2701.05.
  The proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the Passenger Rail Bond Fund, which is hereby created.(Added by...
• Section 2701.06.
  The money in the fund, upon appropriation by the Legislature, shall be available, without regard to fiscal years, for acquisition of rights-of-way, capital expenditures, and...
• Section 2701.07.
  The appropriations for capital improvements and acquisition of rolling stock for intercity rail, commuter rail, and urban rail transit shall be used only on the...
• Section 2701.08.
  At least 15 percent of the money in the fund shall be used for intercity rail purposes and shall be equitably expended on intercity rail...

Last modified: October 22, 2018