BILL NUMBER: SB 461	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Hernandez

                        FEBRUARY 25, 2015

   An act to amend Section 30304 of the Streets and Highways Code,
relating to transportation.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 461, as introduced, Hernandez. Toll bridges and facilities:
funds.
   Existing law, the California Toll Bridge Authority Act, makes the
California Transportation Commission, together with the Department of
Transportation, responsible for building and acquiring toll
facilities and related transportation facilities. Under existing law,
all tolls or other revenue received from the operation of toll
bridges and related facilities that were acquired or constructed with
bond funding are deposited into a special fund designated for the
particular toll bridge or facility that produced the toll or revenue.

   This bill would make nonsubstantive changes to the provision
specifying deposit of this particular revenue into the designated
special fund.
   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 30304 of the Streets and Highways Code is
amended to read:
   30304.  All tolls or other revenues received from the operation of
any toll bridge or other highway crossing, transportation
facilities, or additional transportation facilities acquired or
constructed with the proceeds of bonds issued and sold pursuant to
this chapter shall be paid  over  by the department
at least monthly to the State Treasurer who shall deposit them
forthwith in  such   a  depositary or
depositaries  as are  authorized by law to receive
deposits of state funds, to the credit of a special fund to be
designated as the toll revenue fund of the particular toll bridge or
other highway crossing, transportation facilities, or additional
transportation facilities producing the tolls or revenue  ,
which   . The  fund shall at all times be kept
segregated and set apart from all other funds.