BILL NUMBER: AB 2704 INTRODUCED BILL TEXT INTRODUCED BY Assembly Member Gaines FEBRUARY 19, 2010 An act relating to transportation. LEGISLATIVE COUNSEL'S DIGEST AB 2704, as introduced, Gaines. Transportation: local government funds. Existing law requires state fuel excise tax revenues to be deposited in various accounts and to be allocated, in part, for various purposes, including the cost of collection and authorized refunds. Existing law requires the balance of these funds remaining after authorized deductions to be transferred to, and deposited monthly in, the Highway Users Tax Account in the Transportation Tax Fund. Existing law provides for annual and monthly apportionment by the Controller of specified revenues in the Highway Users Tax Account to counties and cities for the transportation purposes authorized by Article XIX of the California Constitution. This bill would state the intent of the Legislature to maintain funding to cities and counties from specified revenues in the Highway Users Tax Account as in effect on January 1, 2010. Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. Notwithstanding any other provision of law, it is the intent of the Legislature to maintain funding provided under subdivisions (a) and (b) of Section 2107 of the Streets and Highways Code as in effect on January 1, 2010.