BILL NUMBER: SB 1221	CHAPTERED  10/10/99

	CHAPTER   759
	FILED WITH SECRETARY OF STATE   OCTOBER 10, 1999
	APPROVED BY GOVERNOR   OCTOBER 7, 1999
	PASSED THE SENATE   SEPTEMBER 10, 1999
	PASSED THE ASSEMBLY   SEPTEMBER 8, 1999
	AMENDED IN ASSEMBLY   SEPTEMBER 3, 1999

INTRODUCED BY   Senator Schiff

                        FEBRUARY 26, 1999

   An act to add Section 5029.5 to the Public Resources Code,
relating to historical resources.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 1221, Schiff.  Historical resources:  Historic Property
Maintenance Fund.
   Existing law provides for the development, repair, and maintenance
of historical landmarks and registered points of historical interest
in the state.
   This bill would establish the Historic Property Maintenance Fund
in the Treasury, and would require that 50% of the revenue collected
by the Department of Transportation in each fiscal year from rental
receipts from a federally designated historic property, or from
property listed as a state historical resource, that is owned by the
Department of Transportation and located in a freeway right-of-way
corridor, less any amount transmitted in lieu of property tax to a
city, county, or city and county, as required by law, be deposited
into the fund.  The bill would authorize the expenditure of moneys in
the fund by the Department of Transportation, upon appropriation by
the Legislature, to pay for costs associated with the maintenance and
operation of historic property.  The bill would specify that any
moneys deposited into the fund are in addition to, and are not
intended to supplant or replace, any existing funds that are
currently available to any state agency for the operation and
maintenance of historical resources.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:


  SECTION 1.  Section 5029.5 is added to the Public Resources Code,
to read:
   5029.5.  (a) Notwithstanding any other provision of law, fifty
percent (50%) of the revenue collected by the Department of
Transportation, in each fiscal year, from rental receipts from a
federally designated historic property, or from property listed as a
state historical resource pursuant to Section 5024, that is owned by
the Department of Transportation and located in a freeway
right-of-way corridor, less any amount transmitted in lieu of
property tax to a city, county, or city and county, as required by
law, shall be deposited in the Historic Property Maintenance Fund,
which is hereby created in the Treasury.
   (b) Moneys in the fund may be expended by the Department of
Transportation, upon appropriation by the Legislature, to pay for
costs associated with the maintenance and operation of the historic
property described in subdivision (a).  Any moneys deposited into the
fund are in addition to, and are not intended to supplant or
replace, any existing funds that are currently available to any state
agency for the operation and maintenance of historical resources.