BILL NUMBER: SB 1189	INTRODUCED
	BILL TEXT


INTRODUCED BY   Senator Hancock

                        FEBRUARY 22, 2012

   An act relating to high-speed rail.


	LEGISLATIVE COUNSEL'S DIGEST


   SB 1189, as introduced, Hancock. The Safe, Reliable High-Speed
Passenger Train Bond Act for the 21st Century: project funding.
   Existing law, 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 that $950 million
of net proceeds of bonds issued pursuant to the bond act shall be
allocated to eligible recipients for capital improvements to
intercity and commuter rail lines and urban rail systems that provide
direct connectivity to high-speed rail, as specified.
   This bill would state the intent of the Legislature to enact
legislation that would appropriate funding from the $950 million net
proceeds of bonds described above to projects that eligible operators
have requested and that have been approved by the California
Transportation Commission.
   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.  It is the intent of the Legislature to enact
legislation that would appropriate funding from the net proceeds of
nine hundred fifty million dollars ($950,000,000) from the issuance
of bonds authorized by the Safe, Reliable High-Speed Passenger Train
Bond Act for the 21st Century to be allocated for intercity and
commuter rail lines and urban rail systems, in accordance with
subdivision (a) of Section 2704.095 of the Streets and Highways Code,
for projects that have been requested by eligible operators and have
been approved by the California Transportation Commission.