California Streets and Highways Code ARTICLE 2 - High-Speed Passenger Train Financing Program

• Section 2704.04.
  (a) It is the intent of the Legislature by enacting this chapter and of the people of California by approving the bond measure pursuant to this...
• Section 2704.05.
  Subject to Section 2704.18, the proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the High-Speed Passenger Train Bond Fund,...
• Section 2704.06.
  The net proceeds received from the sale of nine billion dollars ($9,000,000,000) principal amount of bonds authorized pursuant to this chapter, upon appropriation by the...
• Section 2704.07.
  The authority shall pursue and obtain other private and public funds, including, but not limited to, federal funds, funds from revenue bonds, and local funds,...
• Section 2704.08.
  (a) Proceeds of bonds described in paragraph (1) of subdivision (b) of Section 2704.04 shall not be used for more than 50 percent of the total...
• Section 2704.09.
  The high-speed train system to be constructed pursuant to this chapter shall be designed to achieve the following characteristics:(a) Electric trains that are capable of sustained...
• Section 2704.095.
  (a) (1) Net proceeds received from the sale of nine hundred fifty million dollars ($950,000,000) principal amount of bonds authorized by this chapter shall be allocated to...

Last modified: October 22, 2018