BILL NUMBER: AB 1384	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Baker

                        FEBRUARY 27, 2015

   An act to amend Section 30959 of the Streets and Highway Code,
relating to toll facilities.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1384, as introduced, Baker. Toll facilities: Metropolitan
Transportation Commission
   Existing law designates the Metropolitan Transportation Commission
as the regional transportation planning agency for the San Francisco
Bay Area. Existing law creates the Bay Area Toll Authority, governed
by the same board as the commission, with specified powers and
duties relative to the administration of toll revenues from
state-owned toll bridges within the geographic jurisdiction of the
commission. Existing law authorizes the authority to make direct
contributions to the commission in furtherance of the exercise of the
authority's powers, including contributions in the form of personnel
services, office space, overhead, and other funding necessary to
carry out the function of the authority, with those contributions not
to exceed 1% of the gross annual bridge revenues.
   This bill would make a technical, nonsubstantive change to this
limitation on contributions.
   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.  Section 30959 of the Streets and Highways Code is
amended to read:
   30959.  The authority may make direct contributions to the
commission in furtherance of the exercise of the authority's powers
under this division, including contributions in the form of personnel
services, office space, overhead, and other funding necessary to
carry out the function of the authority, with those contributions not
to exceed  an amount equal to  1 percent of the gross
annual bridge revenues. The authority may also make additional
contributions in the form of loans to the commission on a
reimbursement-for-cost basis; provided that those loans do not,
independent of the direct contributions, exceed 1 percent of the
gross annual bridge revenues and are fully repaid with interest at
the same interest rate that would apply for toll bridge revenue bonds
of the same duration as any loan taken by the commission. As used in
this section, "gross annual bridge revenues" shall have the same
meaning as in Section 30958.