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Chapter 5. Suspension Of Article Xix B Transfers of California Government Code >> Division 3. >> Title 2. >> Part 5.3. >> Chapter 5.
(a) The Legislature finds and declares that the Governor has
issued a proclamation pursuant to paragraph (1) of subdivision (d)
of Section 1 of Article XIX B of the California Constitution
declaring that the transfer of revenues from the General Fund to the
Transportation Investment Fund during the 2003-04 fiscal year
pursuant to paragraph (a) of Section 1 of Article XIX B would have a
significant negative fiscal impact on the range of functions of
government funded by the General Fund of the state.
(b) Pursuant to paragraph (2) of subdivision (d) of Section 1 of Article XIX B, the transfer of revenues from the General Fund to the Transportation Investment Fund that would otherwise be required under paragraph (a) of Section 1 of Article XIX B is hereby partially suspended for the 2003-04 fiscal year. The amount of the transfer for the 2003-04 fiscal year shall be two hundred eighty-nine million dollars ($289,000,000).
(b) Pursuant to paragraph (2) of subdivision (d) of Section 1 of Article XIX B, the transfer of revenues from the General Fund to the Transportation Investment Fund that would otherwise be required under paragraph (a) of Section 1 of Article XIX B is hereby partially suspended for the 2003-04 fiscal year. The amount of the transfer for the 2003-04 fiscal year shall be two hundred eighty-nine million dollars ($289,000,000).
(a) Notwithstanding Sections 14556.5 and 14556.6, the
money transferred from the Transportation Investment Fund to the
Traffic Congestion Relief Fund during the 2003-04 fiscal year, which
amount is two hundred eighty-nine million dollars ($289,000,000)
pursuant to subdivision (b) of Section 14557 and paragraph (1) of
subdivision (c) of Section 7104 of the Revenue and Taxation Code,
shall be allocated as follows:
(1) One hundred eighty-nine million dollars ($189,000,000) is appropriated to the department, for expenditure as directed by the commission, for the Traffic Congestion Relief Program, of which up to thirty-one million dollars ($31,000,000) shall be available to the department for capital outlay support for projects in that program.
(2) One hundred million dollars ($100,000,000) shall be transferred to the State Highway Account, as partial repayment of loans made to the Traffic Congestion Relief Fund from the State Highway Account pursuant to paragraph (2) of subdivision (a) of Section 14556.8, for expenditure by the department as directed by the commission on transportation capital improvement projects included in the State Transportation Improvement Program.
(b) The transfer from the Transportation Investment Fund to the Traffic Congestion Relief Fund under subdivision (a) shall occur on a quarterly basis, with one quarter of total funds available for the fiscal year to be transferred each quarter.
(1) One hundred eighty-nine million dollars ($189,000,000) is appropriated to the department, for expenditure as directed by the commission, for the Traffic Congestion Relief Program, of which up to thirty-one million dollars ($31,000,000) shall be available to the department for capital outlay support for projects in that program.
(2) One hundred million dollars ($100,000,000) shall be transferred to the State Highway Account, as partial repayment of loans made to the Traffic Congestion Relief Fund from the State Highway Account pursuant to paragraph (2) of subdivision (a) of Section 14556.8, for expenditure by the department as directed by the commission on transportation capital improvement projects included in the State Transportation Improvement Program.
(b) The transfer from the Transportation Investment Fund to the Traffic Congestion Relief Fund under subdivision (a) shall occur on a quarterly basis, with one quarter of total funds available for the fiscal year to be transferred each quarter.
(a) The Legislature finds and declares that the Governor has
issued a proclamation pursuant to paragraph (1) of subdivision (d)
of Section 1 of Article XIX B of the California Constitution
declaring that the transfer of revenues from the General Fund to the
Transportation Investment Fund during the 2004-05 fiscal year
pursuant to subdivision (a) of Section 1 of Article XIX B would have
a significant negative fiscal impact on the range of functions of
government funded by the General Fund of the state.
(b) Pursuant to paragraph (2) of subdivision (d) of Section 1 of Article XIX B, the transfer of revenues from the General Fund to the Transportation Investment Fund that would otherwise be required under subdivision (a) of Section 1 of Article XIX B is hereby suspended for the 2004-05 fiscal year.
(b) Pursuant to paragraph (2) of subdivision (d) of Section 1 of Article XIX B, the transfer of revenues from the General Fund to the Transportation Investment Fund that would otherwise be required under subdivision (a) of Section 1 of Article XIX B is hereby suspended for the 2004-05 fiscal year.
