Transportation Fund

Cal. GOV § 29530.2

California Statutes

(

a) Notwithstanding any other provision of law, the board of supervisors for any county of the first class may, upon the adoption of a resolution approved by a majority of all of its members, modify, for one fiscal year, its contract with the State Board of Equalization, as described in

Section 29530, to require that not more than sixty million dollars ($60,000,000) of the county sales and use tax revenues described in

Section be deposited in the county general fund. No deposit in a county general fund made under this subdivision shall exceed the total of a court-ordered refund of deposits in the county general fund made under

Section 29530.3 and any interest accruing thereon. No portion of any amount deposited in the county general fund under this subdivision shall be subject to repayment under

Section 2106.4 of the Streets and Highways Code or any other provision of law. (

b) Funds deposited in the local transportation fund pursuant to the final determination specified in subdivision (

d) shall be allocated exclusively to a county transportation authority created under Division 12 (commencing with

Section 130000) of the Public Utilities Code, in addition to any other funds that would otherwise be allocated to that authority. (

c) Any refund pursuant to the final determination specified in subdivision (

d) that is made directly to a county transportation authority created under Division 12 (commencing with

Section 130000) of the Public Utilities Code shall be expended in accordance with the requirements of

Article 3 (commencing with

Section 99230) of

Chapter of Part of Division of the Public Utilities Code. (

d) This

section shall become operative on the date that a court of appellate jurisdiction renders a final determination invalidating

Chapter of the Statutes of to the extent that the final determination requires repayment of the funds transferred under that chapter.

Document details

CollectionCalifornia Statutes
CitationCal. GOV § 29530.2
Date1997-07-28
Typestatute
Languageen
SourceCA_STAT
IdentifierGOV29530.2.19971231

Transportation Fund

Cal. GOV § 29530.2

California Statutes

Transportation Fund

Cal. GOV § 29530.2

California Statutes

(

a) Notwithstanding any other provision of law, the board of supervisors for any county of the first class may, upon the adoption of a resolution approved by a majority of all of its members, modify, for one fiscal year, its contract with the State Board of Equalization, as described in

Section 29530, to require that not more than sixty million dollars ($60,000,000) of the county sales and use tax revenues described in

Section be deposited in the county general fund. No deposit in a county general fund made under this subdivision shall exceed the total of a court-ordered refund of deposits in the county general fund made under

Section 29530.3 and any interest accruing thereon. No portion of any amount deposited in the county general fund under this subdivision shall be subject to repayment under

Section 2106.4 of the Streets and Highways Code or any other provision of law. (

b) Funds deposited in the local transportation fund pursuant to the final determination specified in subdivision (

d) shall be allocated exclusively to a county transportation authority created under Division 12 (commencing with

Section 130000) of the Public Utilities Code, in addition to any other funds that would otherwise be allocated to that authority. (

c) Any refund pursuant to the final determination specified in subdivision (

d) that is made directly to a county transportation authority created under Division 12 (commencing with

Section 130000) of the Public Utilities Code shall be expended in accordance with the requirements of

Article 3 (commencing with

Section 99230) of

Chapter of Part of Division of the Public Utilities Code. (

d) This

section shall become operative on the date that a court of appellate jurisdiction renders a final determination invalidating

Chapter of the Statutes of to the extent that the final determination requires repayment of the funds transferred under that chapter.

Document details

CollectionCalifornia Statutes
CitationCal. GOV § 29530.2
Date1997-07-28
Typestatute
Languageen
SourceCA_STAT
IdentifierGOV29530.2.19971231