Section 99313.1 Of Article 6.5. Transportation Planning And Development Account From California Public Utilities Code >> Division 10. >> Part 11. >> Chapter 4. >> Article 6.5.
99313.1
. (a) A transportation planning agency, a county
transportation commission, or the San Diego Metropolitan Transit
Development Board may transfer any funds that it receives pursuant to
Section 99313 to another transportation planning agency, county
transportation commission, or the San Diego Metropolitan Transit
Development Board. Any funds transferred pursuant to this section
shall be used only for the purposes authorized by this chapter and
are subject to all statutes and rules and regulations applicable to
funds allocated pursuant to Section 99313.
(b) If one transfer has been completed between a transportation
planning agency, a county transportation commission, or the San Diego
Metropolitan Transit Development Board, pursuant to this section, no
other transfer may be made between the same parties.
(c) In the event of a transfer of funds to the Los Angeles County
Metropolitan Transportation Authority pursuant to this section, the
amount of that transfer, if any, which exceeds the amount of funds
transferred at that time by the Los Angeles County Metropolitan
Transportation Authority to the transferring transportation planning
agency, county transportation commission, or the San Diego
Metropolitan Transit Development Board, may not be used for the
purpose of funding an exclusive public mass transit guideway system
project. The Los Angeles County Metropolitan Transportation Authority
shall report to the Senate Committee on Transportation and Housing
and the Assembly Committee on Transportation on the expenditure of
any funds received by it pursuant to a transfer made pursuant to this
section.