Bill Text: CA AB1509 | 2017-2018 | Regular Session | Amended
Bill Title: San Francisco Bay Area Rapid Transit District.
Spectrum: Bipartisan Bill
Status: (Failed) 2018-02-01 - From committee: Filed with the Chief Clerk pursuant to Joint Rule 56. [AB1509 Detail]
Download: California-2017-AB1509-Amended.html
Amended
IN
Assembly
May 11, 2017 |
Amended
IN
Assembly
April 06, 2017 |
Assembly Bill | No. 1509 |
Introduced by Assembly Member Baker (Coauthor: Assembly Member Grayson) |
February 17, 2017 |
LEGISLATIVE COUNSEL'S DIGEST
The bill would authorize the Controller to perform audits to ensure compliance with certain of these provisions and if BART has not complied with those provisions, the Controller would be required to withhold an amount, equal to the difference between actual and required expenditures, from distributions provided to BART under the transactions and use tax provisions described above.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: YES Local Program: YESBill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 29158.1 is added to the Public Utilities Code, to read:29158.1.
(b)In any fiscal year that the district makes an expenditure of Measure RR revenues, the district shall expend from other
sources of revenue an amount not less than the annual average of its expenditures on acquisition, construction, or completion of rapid transit facilities during the 2013–14, 2014–15, and 2015–16 fiscal years.
(c)The State Controller may perform audits to ensure compliance with subdivision (b) when deemed necessary. If the district has not complied with subdivision (b), the Controller shall withhold an amount, equal to the difference between actual and required expenditures, from distributions provided pursuant to subdivision (a) of Section 29142.2.