California Legislature—2015–16 Regular Session

Assembly BillNo. 1938


Introduced by Assembly Member Baker

(Coauthors: Assembly Members Chávez and Lackey)

(Coauthors: Senators Anderson and Vidak)

February 12, 2016


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

LEGISLATIVE COUNSEL’S DIGEST

AB 1938, 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 require this limitation to apply to any revenues derived from bridge tolls, fees, or taxes, regardless of classification.

Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.

The people of the State of California do enact as follows:

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SECTION 1.  

Section 30959 of the Streets and Highways Code
2 is amended to read:

3

30959.  

The authority may make direct contributions to the
4commission in furtherance of the exercise of the authority’s powers
5under this division, including contributions in the form of personnel
6services, office space, overhead, and other funding necessary to
7carry out the function of the authority, with those contributions
8not to exceed 1 percent of the gross annual bridge revenues. The
9authority may also make additional contributions in the form of
10loans to the commission on a reimbursement-for-costbegin delete basis;
11provided thatend delete
begin insert basis, ifend insert those loans do not, independent of the direct
12contributions, exceed 1 percent of the gross annual bridge revenues
13and are fully repaid with interest at the same interest rate that would
14apply for toll bridge revenue bonds of the same duration as any
15loan taken by the commission. As used in this section, “gross
16annual bridge revenues” shall have the same meaning as in Section
1730958.begin insert The 1 percent restrictions of this section apply to any
18revenues derived from bridge tolls, fees, or taxes, regardless of
19classification.end insert



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