BILL NUMBER: AB 1938	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Baker
   (Coauthors: Assembly Members Chávez and Lackey)
   (Coauthors: Senators Anderson and Vidak)

                        FEBRUARY 12, 2016

   An act to amend Section 30959 of the Streets and Highways Code,
relating to toll facilities.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1938, as introduced, Baker. Toll facilities: Metropolitan
Transportation Commission
   Existing law designates the Metropolitan Transportation Commission
as the regional transportation planning agency for the San Francisco
Bay area. Existing law creates the Bay Area Toll Authority, governed
by the same board as the commission, with specified powers and
duties relative to the administration of toll revenues from
state-owned toll bridges within the geographic jurisdiction of the
commission. Existing law authorizes the authority to make direct
contributions to the commission in furtherance of the exercise of the
authority's powers, including contributions in the form of personnel
services, office space, overhead, and other funding necessary to
carry out the function of the authority, with those contributions not
to exceed 1% of the gross annual bridge revenues.
   This bill would require this limitation to apply to any revenues
derived from bridge tolls, fees, or taxes, regardless of
classification.
   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 30959 of the Streets and Highways Code is
amended to read:
   30959.  The authority may make direct contributions to the
commission in furtherance of the exercise of the authority's powers
under this division, including contributions in the form of personnel
services, office space, overhead, and other funding necessary to
carry out the function of the authority, with those contributions not
to exceed 1 percent of the gross annual bridge revenues. The
authority may also make additional contributions in the form of loans
to the commission on a reimbursement-for-cost  basis;
provided that   basis, if  those loans do not,
independent of the direct contributions, exceed 1 percent of the
gross annual bridge revenues and are fully repaid with interest at
the same interest rate that would apply for toll bridge revenue bonds
of the same duration as any loan taken by the commission. As used in
this section, "gross annual bridge revenues" shall have the same
meaning as in Section 30958.  The 1 percent restrictions of this
section apply to any revenues derived from bridge tolls, fees, or
taxes, regardless of classification.