BILL NUMBER: AB 2121	AMENDED
	BILL TEXT

	AMENDED IN ASSEMBLY  MAY 28, 2010
	AMENDED IN ASSEMBLY  APRIL 28, 2010

INTRODUCED BY   Assembly Members Harkey and Galgiani

                        FEBRUARY 18, 2010

   An act to add Sections 185033.2 and 185033.4 to the Public
Utilities Code, relating to high-speed rail.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 2121, as amended, Harkey. 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 require the authority to annually adopt a 6-year
high-speed train program, as specified, for submission to the 
chairs of the appropriate policy and budget committees of the 
Legislature  and the Governor  . The bill would also
require the authority to annually prepare and submit to the 
chairs of those committees of the  Legislature  and the
Governor  a report including, among other things, a
description of the progress made on the program and a detailed
 financing   financial  plan to pay for
construction of the high-speed train network.
   Vote: majority. Appropriation: no. Fiscal committee: yes.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 185033.2 is added to the Public Utilities Code,
to read:
   185033.2.  (a) The authority shall adopt and submit to the 
chairs of the appropriate policy and budget committees of the 
Legislature  and the Governor  , not later than
October 1 of each year, a high-speed train program. The program shall
cover a period of six fiscal years, beginning July 1 of the year
following the year it is adopted, and shall be a statement of intent
by the  department   authority  to request
funding in the annual Budget Act for the following six years.
   (b) The high-speed train program shall include a listing of all
capital improvement projects that are expected to require
appropriation in the annual Budget Act, including state, federal,
local, and private funds, during the following six fiscal years.
   (c) For each segment, the program shall specify the expenditure
amount and the expenditure year for each of the following project
components:
   (1) Completion of all permits and environmental studies.
   (2) Preparation of plans, specifications, and estimates.
   (3) The acquisition of rights-of-way, including, but not limited
to, support activities.
   (4) Construction and construction management and engineering,
including surveys and inspection. 
   (d) A report to the Legislature pursuant to this section shall be
submitted in compliance with Section 9795 of the Government Code.
 
   (e) This section shall become inoperative on October 1, 2015,
pursuant to Section 10231.5 of the Government Code. 

  SEC. 2.    Section 185033.4 is added to the Public
Utilities Code, to read:
   185033.4.  (a) The authority shall prepare and submit to the
Legislature and the Governor an annual report, not later than
December 1 of each year. The report shall include all of the
following:
   (1) A description of the progress made on the high-speed train
program adopted by the authority.
   (2) A detailed financing plan, including any necessary taxes,
fees, or bonds to pay for the construction of the high-speed train
network.
   (3) A proposed high-speed train financial plan, including
necessary taxes, bonds, or both, or other indebtedness.
   (b) A report to the Legislature pursuant to this section shall be
submitted in compliance with Section 9795 of the Government Code.
   (c) This section shall become inoperative on December 1, 2015,
pursuant to Section 10231.5 of the Government Code. 
   SEC. 2.    Section 185033.4 is added to the 
 Public Utilities Code   , to read:  
   185033.4.  The authority shall, not later than December 1 of each
year, prepare and submit to the chairs of the appropriate policy and
budget committees of the Legislature an annual report including all
of the following:
   (a) A description of the progress made for each project within
each high-speed train segment.
   (b) The baseline budget for support and capital outlay
construction costs for each segment.
   (c) The current or projected program budget for support or capital
outlay construction costs for each segment.
   (d) Expenditures to date for support and capital outlay
construction costs for each segment.
   (e) A comparison of the current or projected schedule and the
baseline schedule.
   (f) A summary of milestones achieved for each segment during the
annual period and any issues identified and actions taken to address
those issues.
   (g) A detailed financial plan, including any necessary taxes,
fees, bonds, or other indebtedness to pay for construction of the
high-speed train network.