BILL NUMBER: SB 1260	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Yee

                        FEBRUARY 19, 2010

   An act to add Chapter 20.1 (commencing with Section 2704.30) to
Division 3 of the Streets and Highways Code, relating to high-speed
rail.



	LEGISLATIVE COUNSEL'S DIGEST


   SB 1260, as introduced, Yee. High-speed rail.
   Existing law, the California High-Speed Rail Act, creates the
High-Speed Rail Authority to develop and implement a high-speed rail
system in the state, with specified powers and duties. Existing law,
pursuant to the Safe, Reliable High-Speed Passenger Train Bond Act
for the 21st Century, approved by the voters as Proposition 1A at the
November 4, 2008, general election, provides for the issuance of
$9.95 billion in general obligation bonds for high-speed rail and
related purposes.
   This bill would state the intent of the Legislature to enact
legislation to implement the bond act.
   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.  Chapter 20.1 (commencing with Section 2704.30) is added
to Division 3 of the Streets and Highways Code, to read:
      CHAPTER 20.1.  IMPLEMENTATION OF THE SAFE, RELIABLE HIGH-SPEED
PASSENGER TRAIN BOND ACT FOR THE 21ST CENTURY


   2704.30.  It is the intent of the Legislature to enact legislation
to implement the Safe, Reliable High-Speed Passenger Train Bond Act
for the 21st Century.