BILL NUMBER: AB 2690	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member De La Torre

                        FEBRUARY 19, 2010

   An act to amend Section 131280 of the Public Utilities Code,
relating to transportation.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2690, as introduced, De La Torre. Bay Area County Traffic and
Transportation Funding Act: county transportation authority
termination.
   The Bay Area County Traffic and Transportation Funding Act
requires a county transportation authority created pursuant to an
adopted county transportation expenditure plan to close its affairs
and be terminated within 180 days after the completion of projects
listed in the county transportation expenditure plan and upon
retirement of all authorized bonds.
   This bill would, instead, require a county transportation
authority to close its affairs and be terminated within 200 days
after the completion of those projects and upon retirement of all
authorized bonds.
   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 131280 of the Public Utilities Code is amended
to read:
   131280.  A county transportation authority shall close its affairs
and be terminated within  180   200  days
after the completion of the projects listed in the county
transportation expenditure plan and upon retirement of all the bonds
authorized to be issued pursuant to this division.