Traffic Congestion Relief Fund

Cal. GOV § 14556.6

California Statutes

The purpose of this

article is to relieve traffic congestion, provide additional funding for local street and road deferred maintenance, and provide additional transportation capacity in high growth areas of the state. The Traffic Congestion Relief Fund is intended to contribute five billion three hundred thirteen million nine hundred thousand dollars ($5,313,900,000), above the traditional transportation funding provided by the state, towards the funding of projects listed in

Article 5 (commencing with

Section 14556.40) and the deferred maintenance program authorized in

Section of the Streets and Highways Code. This funding commitment is intended to be combined with other state, local, federal, and private funds to complete and operate the transportation improvements identified in

Article 5 (commencing with

Section 14556.40). Funds needed to meet the contribution commitment described in this

section are intended to be provided as follows: (

a) The sum of one billion five hundred million dollars ($1,500,000,000) from the General Fund, as appropriated by

Section of

Chapter of the Statutes of 2000, to the fund. (

b) The sum of five hundred million dollars ($500,000,000) from the transfer of the sales and use tax on motor vehicle fuel during the 2000–01 fiscal year, as required under

Section of the Revenue and Taxation Code, as amended by

Section of

Chapter of the Statutes of 2000. (

c) The sum of six hundred seventy-eight million dollars ($678,000,000) is intended to be provided in each of four successive fiscal years, commencing with the 2003–04 fiscal year, plus the sum of six hundred one million nine hundred thousand dollars ($601,900,000) in the 2007–08 fiscal year, from the Transportation Investment Fund.

Document details

CollectionCalifornia Statutes
CitationCal. GOV § 14556.6
Date2001-07-30
Typestatute
Languageen
SourceCA_STAT
IdentifierGOV14556.6.20011134

Traffic Congestion Relief Fund

Cal. GOV § 14556.6

California Statutes

Traffic Congestion Relief Fund

Cal. GOV § 14556.6

California Statutes

The purpose of this

article is to relieve traffic congestion, provide additional funding for local street and road deferred maintenance, and provide additional transportation capacity in high growth areas of the state. The Traffic Congestion Relief Fund is intended to contribute five billion three hundred thirteen million nine hundred thousand dollars ($5,313,900,000), above the traditional transportation funding provided by the state, towards the funding of projects listed in

Article 5 (commencing with

Section 14556.40) and the deferred maintenance program authorized in

Section of the Streets and Highways Code. This funding commitment is intended to be combined with other state, local, federal, and private funds to complete and operate the transportation improvements identified in

Article 5 (commencing with

Section 14556.40). Funds needed to meet the contribution commitment described in this

section are intended to be provided as follows: (

a) The sum of one billion five hundred million dollars ($1,500,000,000) from the General Fund, as appropriated by

Section of

Chapter of the Statutes of 2000, to the fund. (

b) The sum of five hundred million dollars ($500,000,000) from the transfer of the sales and use tax on motor vehicle fuel during the 2000–01 fiscal year, as required under

Section of the Revenue and Taxation Code, as amended by

Section of

Chapter of the Statutes of 2000. (

c) The sum of six hundred seventy-eight million dollars ($678,000,000) is intended to be provided in each of four successive fiscal years, commencing with the 2003–04 fiscal year, plus the sum of six hundred one million nine hundred thousand dollars ($601,900,000) in the 2007–08 fiscal year, from the Transportation Investment Fund.

Document details

CollectionCalifornia Statutes
CitationCal. GOV § 14556.6
Date2001-07-30
Typestatute
Languageen
SourceCA_STAT
IdentifierGOV14556.6.20011134