Federal Transportation Economic Stimulus Funds
Cal. SHC § 2422
California Statutes
(
a) Notwithstanding any other provision of law, the Legislature hereby appropriates to the department the sum of two billion five hundred sixty-nine million five hundred sixty-eight thousand three hundred twenty dollars ($2,569,568,320), and any additional funds, made available to the state as highway infrastructure investment funds pursuant to Title XII of Division A of the American Recovery and Reinvestment Act of and apportioned to the state pursuant to Title of the United States Code to carry out projects eligible under that act and in accordance with this chapter. (
b) The funds appropriated by this
section shall be available for obligation and expenditure by the dates specified in the federal requirements implementing the federal act. (
c) It is the intent of the Legislature to allow for such flexibility as is necessary to permit the successful implementation of the appropriations made by this section. The Legislature hereby authorizes the Department of Finance to appropriately itemize and
schedule these appropriations, or to make adjustments as are necessary, in order to successfully carry out the intent of the federal act. (
d) The Director of Finance shall, within days after the enactment of this chapter, furnish the chairpersons of the committees in each house of the Legislature that consider appropriations and the state budget, and the Chairperson of the Joint Legislative Budget Committee, with a report that describes the
schedule of funding. The Director of Finance shall provide notification to the Legislature of any changes in that
schedule days prior to any change taking effect.