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Section 29530.2 Of Article 11. Transportation Fund From California Government Code >> Division 3. >> Title 3. >> Chapter 2. >> Article 11.
29530.2
. (a) Notwithstanding any other provision of law, the board
of supervisors for any county of the first class may, upon the
adoption of a resolution approved by a majority of all of its
members, modify, for one fiscal year, its contract with the State
Board of Equalization, as described in Section 29530, to require that
not more than sixty million dollars ($60,000,000) of the county
sales and use tax revenues described in Section 29530 be deposited in
the county general fund. No deposit in a county general fund made
under this subdivision shall exceed the total of a court-ordered
refund of deposits in the county general fund made under Section
29530.3 and any interest accruing thereon. No portion of any amount
deposited in the county general fund under this subdivision shall be
subject to repayment under Section 2106.4 of the Streets and Highways
Code or any other provision of law.
(b) Funds deposited in the local transportation fund pursuant to the final determination specified in subdivision (d) shall be allocated exclusively to a county transportation authority created under Division 12 (commencing with Section 130000) of the Public Utilities Code, in addition to any other funds that would otherwise be allocated to that authority.
(c) Any refund pursuant to the final determination specified in subdivision (d) that is made directly to a county transportation authority created under Division 12 (commencing with Section 130000) of the Public Utilities Code shall be expended in accordance with the requirements of Article 3 (commencing with Section 99230) of Chapter 4 of Part 11 of Division 10 of the Public Utilities Code.
(d) This section shall become operative on the date that a court of appellate jurisdiction renders a final determination invalidating Chapter 518 of the Statutes of 1995 to the extent that the final determination requires repayment of the funds transferred under that chapter.
(b) Funds deposited in the local transportation fund pursuant to the final determination specified in subdivision (d) shall be allocated exclusively to a county transportation authority created under Division 12 (commencing with Section 130000) of the Public Utilities Code, in addition to any other funds that would otherwise be allocated to that authority.
(c) Any refund pursuant to the final determination specified in subdivision (d) that is made directly to a county transportation authority created under Division 12 (commencing with Section 130000) of the Public Utilities Code shall be expended in accordance with the requirements of Article 3 (commencing with Section 99230) of Chapter 4 of Part 11 of Division 10 of the Public Utilities Code.
(d) This section shall become operative on the date that a court of appellate jurisdiction renders a final determination invalidating Chapter 518 of the Statutes of 1995 to the extent that the final determination requires repayment of the funds transferred under that chapter.
